hey everyone
so I made my decision and I wanna put my money on gpu mining.
I have access to the cheap electricity, so electricity is not a problem.
since the bitcoin price is low (right now), I think that the gpu prices are low too (for now), and this is the best time to buy gpus for mining (let me know if you think otherwise).
I think there is no way for me to lose my money doing this, because let’s say the bitcoin price went to 0, I still can sell my rigs to the the people who don’t mine (with some discount at worst).
in general I think for this amount of money I will get a good discount for gpu mining parts.
with my Calculations i think i will get the money i started with ($200,000 usd) after around 1 year.
at the same time i will not sell anything i mine, i will hold for around 2 years on some cryptocurrency like Ethereum (i know you can not mine Ethereum after around another 8 months from now).
I wanna know is there something that I didn’t thought about, and is there a way for this investment to go wrong?
I am looking forward to your replays.
