Master One, I really appreciate your thinking and your attitude of detachment. It is rare to see people as objective in their strategical choices and not blinded by the greed.
I am looking too for a strategy to live from mining. For now, unfortunately I came to same conclusion as you.
However, here are some things I am trying to explore to improve the profitability of an investment in mining:
- Go through a company to benefit from favorable prices for electricity (0.04 to 0.09 EUR / kWh) and for the deduction of certain expenses.
- The antminer and PSU(EVGA) can be resold after 2-3 months of use which can recover a portion of the capital invested.
- Start large (60 to 120 antminers) so you can mine solo and so you can negotiate prices with bitmain (I do not know if that's possible !)
- stay in the starting block for the next generation of antminers.
What do you think?