I've 0.10$ and my bill is 1300/1500$ per month 
est Europe
est Europe
What if you were to learn some Technical Analysis and throw that 1-1.5k into a coin that goes 5x. Don't you think that would be a more efficient route to grow your money?
I had the the same option when i started but decided to build my own rigs, there were several reasons -
1) Since early 2014 there has been almost always (apart from just few months) some coin that has been profitable to mine
2) I am far better with hardware than reading whitepapers and analyzing them.
3) If it all goes to shits i can build myself the meanest gaming PC ever and sell the rest of the parts for like 60% easy
Do you other miners feel the same way? I ask because I built a couple miners in 2014 and it would have been at least 4x more profitable to just put that into the coins I ended up holding. To be fair I only used the miners for about 6 months before I disassembled them. The heat was too much.
I originally split, put half into mining and half into hodl. I've reinvested large chunks though, when mining boomed I invested in a full 1080 ti rig, should have stuck with 1070 or 1080, much better cards. I had an asic miner stolen by UPS and they refuse to reimburse, ongoing legal battle. I've also ordered a D3. Wife says I'm not allowed to order any new miners until 2018 so that we can start to ROI. I'll probably hold off until I can get a business space that has reduced electricity rates, Amsterdam power is expensive.
I prefer to mine than to hodl. I have done well guessing what is going to go up but at times everything goes up while your coins drop. Mining means I can switch it up and make more money. If I were only hodling I'd be a little depressed right now.
I'm thinking of making a small mining farm someplace like Timisoara Romania. Lovely city and it has gigabit internet and about 6 data centers in town. The only problem is they get heatwaves in summer. I priced some data centers locally but they want the same rate as residential for power plus rent.
Why not Iceland?
I wish I had spent the money for my rigs on Bitbean, sprouting it is more profitable than mining. BUT! I didnt know, expensive lesson.
I'd need massive amounts of capital there. It's a very expensive country that is hard to access. Travel and land would eat up any savings. Iceland would be for a massive data center. Romania is affordable, a bit more expensive than Moldova but safe.
Good to know, thanks!
) I just let ;y window open and have a classic fan for human pointed on the rig. 
