Do it. To mine bitcoin you need asic miners from Bitmain. They have new miners ccoming out next month that are better than the Antminer S9.
If I were you I would get some new Antminer S15 which has a 28TH base hash rate with power supply included. They are currently just under $1,500 per unit. Right now they limit customers to 2 units an order. I'd try to get 10 of them for starters if I were you.
Bitcoin will go over 20k. Go for it.
He says that his electricity is basically free. So the question is how much money he can make, not if he will made money. I am dumbfounded that people cannot understand simple ROI analysis, regardless of believing in crypto or not.
Don't listen to all these old folks. The old grumpy ones always say don't because they just old, the young people know the direction of the future. Invest into BTC mining, crypto is the future. Never invest your money into stocks, and index funds that's old time crap that never will do what crypto has done for people financially.
Literally man, the old ones always say don't do it. This is out of their time, they can't process all this new technology. Yet, even they wish they had BTC though lol. Do it.
Thank you and I surely take your advice, i decided to invest atleast 15K$ into Mining, Biggest reason is I have almost free electric bills (20$ per month is joke for electric bills), I have so much believe In BTC and Blockchain so I start mining next month, I understand There is a Risk But I calculated If even BTC price drop to 1k$( which I dont think it gonna be happen) Im still on Profit, I also Reinvest My earning to buying more Mining device So I exceed 1K$ Per day.Right now is actually the best time to get into mining. As dude said before me, bitcoin bas hit 20k and will go over it. Don't let others deter you. Just do it, and you'll be happy you did. Trust me.
Thanks for all of your comment.
Thank you and I surely take your advice, i decided to invest atleast 15K$ into Mining, Biggest reason is I have almost free electric bills (20$ per month is joke for electric bills), I have so much believe In BTC and Blockchain so I start mining next month, I understand There is a Risk But I calculated If even BTC price drop to 1k$( which I dont think it gonna be happen) Im still on Profit, I also Reinvest My earning to buying more Mining device So I exceed 1K$ Per day.
BTC is damn stagnant.... Better check out other currencies. Or you could even be better do money trading.Thanks for all of your comment.
Thank you and I surely take your advice, i decided to invest atleast 15K$ into Mining, Biggest reason is I have almost free electric bills (20$ per month is joke for electric bills), I have so much believe In BTC and Blockchain so I start mining next month, I understand There is a Risk But I calculated If even BTC price drop to 1k$( which I dont think it gonna be happen) Im still on Profit, I also Reinvest My earning to buying more Mining device So I exceed 1K$ Per day.