Mining or investments are also good.
Both need time to recover your money
But I love mining somehow
Topic: 100 000$ to invest - page 3. (Read 416 times)
I have the knowledge to build mining rigs,
I currently have one 12 x GPUs miner and one 8 x GPUs miner.
I also have an Hybrid (watercooled/air cooled) miner which is used as my main computer for gaming and mining.
I have the knowledge to configure everything so it can be 100% efficient with the highest hash rate.
But I want to go bigger.
By the way electricity here is 0.07c per kw/h so relatively cheap
Main rig
https://ibb.co/iG7V1x
The 12 x GPUs miner (mix of AMD and Nvidia) for equihash and Ethash)
https://ibb.co/c0QuTc
I have the opportunity to have an investors so we can build up rigs for mining, probably under 200 000$. I don't have the amount of cash, just the knowledge for eveything.
Cryptocurrency is my passion since 4 months and always like PC building since 1996 when I was 12.
I mine with my 13 000$ rigs and invested around 5000$ in coins such as BTC (only 0.2) Siacoin, ETH.
But my real question is what should we do with this money since it's not mine.
I currently have one 12 x GPUs miner and one 8 x GPUs miner.
I also have an Hybrid (watercooled/air cooled) miner which is used as my main computer for gaming and mining.
I have the knowledge to configure everything so it can be 100% efficient with the highest hash rate.
But I want to go bigger.
By the way electricity here is 0.07c per kw/h so relatively cheap
Main rig
https://ibb.co/iG7V1x
The 12 x GPUs miner (mix of AMD and Nvidia) for equihash and Ethash)
https://ibb.co/c0QuTc
I have the opportunity to have an investors so we can build up rigs for mining, probably under 200 000$. I don't have the amount of cash, just the knowledge for eveything.
Cryptocurrency is my passion since 4 months and always like PC building since 1996 when I was 12.
I mine with my 13 000$ rigs and invested around 5000$ in coins such as BTC (only 0.2) Siacoin, ETH.
But my real question is what should we do with this money since it's not mine.
I have heard that mining coins is the best and sure way of getting money. The only problem that I saw with it is the amount you put on investing with the equipments or devices to use. And it also uses too much power or electricity consumption. Better ask the miners for this. On the other hand buying coins are risky as well. You could lose your money even during a failure of transferring the coins. I know somebody who lost around 10000 dollar for a failed trading. Looking at the brighter side, I think I would participate in mining because it really is a sure money as long as you got the equipment up and running without problem.
This would totally depend on your approach to your investments.
with that amount of money, you can easily make a high risk/high reward move during the next bull run to make insane profits.
If you put all of that in a high profile, high hype ico during the middle of huge market surge, you can easily turn that 100,000 into 300,000 in a couple months.
Of course, that is the risky method.
If you plan on a more long term approach, then I recommend Mining.
but it isn't as simple as that.
I'm assuming you are from canada?
I have no idea what the cost of utilities are where you live, but there are many in the western developed parts of the world that are starting to see the cost of running a mining rig doesn't really pay off.
If you have the know how and connections, you could consider investing in a mining farm.
You can also consider finding a coin that utilizes masternodes, I hear a lot of good returns from masternode operators.
Mining is not easy as you said, In fact, you need to build at least big mining rig and be able to compete with another miner. Mining is about the batter of hashpower right now. Remember it's providing regular profit with long-term condition. This time it's too late to join in the mining competition. with that amount of money, you can easily make a high risk/high reward move during the next bull run to make insane profits.
If you put all of that in a high profile, high hype ico during the middle of huge market surge, you can easily turn that 100,000 into 300,000 in a couple months.
Of course, that is the risky method.
If you plan on a more long term approach, then I recommend Mining.
but it isn't as simple as that.
I'm assuming you are from canada?
I have no idea what the cost of utilities are where you live, but there are many in the western developed parts of the world that are starting to see the cost of running a mining rig doesn't really pay off.
If you have the know how and connections, you could consider investing in a mining farm.
You can also consider finding a coin that utilizes masternodes, I hear a lot of good returns from masternode operators.
This would totally depend on your approach to your investments.
with that amount of money, you can easily make a high risk/high reward move during the next bull run to make insane profits.
If you put all of that in a high profile, high hype ico during the middle of huge market surge, you can easily turn that 100,000 into 300,000 in a couple months.
Of course, that is the risky method.
If you plan on a more long term approach, then I recommend Mining.
but it isn't as simple as that.
I'm assuming you are from canada?
I have no idea what the cost of utilities are where you live, but there are many in the western developed parts of the world that are starting to see the cost of running a mining rig doesn't really pay off.
If you have the know how and connections, you could consider investing in a mining farm.
You can also consider finding a coin that utilizes masternodes, I hear a lot of good returns from masternode operators.
with that amount of money, you can easily make a high risk/high reward move during the next bull run to make insane profits.
If you put all of that in a high profile, high hype ico during the middle of huge market surge, you can easily turn that 100,000 into 300,000 in a couple months.
Of course, that is the risky method.
If you plan on a more long term approach, then I recommend Mining.
but it isn't as simple as that.
I'm assuming you are from canada?
I have no idea what the cost of utilities are where you live, but there are many in the western developed parts of the world that are starting to see the cost of running a mining rig doesn't really pay off.
If you have the know how and connections, you could consider investing in a mining farm.
You can also consider finding a coin that utilizes masternodes, I hear a lot of good returns from masternode operators.
Hi guys,
Let's say you have 100 000$ CAD to invest in cryptocurrency, would you invest in mining operations or buying coins?
Let's say you have 100 000$ CAD to invest in cryptocurrency, would you invest in mining operations or buying coins?
Jump to: