I'll take a look for new hardware...
Thank you again
Best of luck, sadly I don't see EU changing much. Due to vat/import it is argubly one of the hardest places to profit on mining gear from initial investment. Miners are just to expensive over there most of time.
You are far better of buying and hosting somewhere out of EU I think. As far as new hardware... all speculation no one can really say much on when/what we will see. But new gear does not change EU vat/import tax sadly for EU miners. So I still see hardware as to high to start in most cases there.
I prefer owning equipment over cloudming. Sadly most cloud mining are ponzi schemes, if you really want to do it go hashnest. But still I would own hardware.
You can buy a S7 and find a good hosting center for it. There are several that advertise on the forums. But buy and have it shipped and hosted there vs going to EU. Save on vat and chances are on electricity price to.
And related to s7 hosting i cant find something like it in Europe and i can find a cheap used one
Again EU vat/import will make it where you dont get S7's for price they should be. It costs to much and likely you will not ROI. Hosting would be outside of Europe for your machine and you would buy direct from bitmain.
But on cloudmining DO NOT use cheapest as indicator as many scams are out there. Hashflare I know nothing about... but I would not trust them with my BTC. You want one that you know will not run off with your money, that is hashnest.
I would recommend saving a little more and getting a S7. Or save and see if next gen comes out by the time you save enough. At your electricity rate you really are not going to get much with previous gen gear. And still I suggest looking at hosting centers out of the EU.
So it makes sense to wait. You could even buy a BTC and hold whall you wait. So think about that, I would not jump into it though and get old gear in your case.