Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: geobull on July 16, 2017, 07:43:02 PM



Title: Best Options for Low Budget Mining
Post by: geobull on July 16, 2017, 07:43:02 PM
Hello I would like to start mining, was thinking to order Antiminer l3+ but out of stock. with 10k budget which will be best option in terms of ROI to start mining? I know its getting difficult but maybe there are better options then l3+     I have free energy also, any tips suggestions will be good thank you


Title: Re: Best Options for Low Budget Mining
Post by: Za1n on July 16, 2017, 07:52:22 PM
With Bitcoin and most alts coming down to form a nice dip why would you want to invest in mining hardware right now? You may ROI or break even in 1 year+, but could also double, or more, a direct investment in coins in that same time period. You are taking on the risk of the market either way by buying the coin directly or investing in mining hardware, but at these rates I think a 10K investment upfront in coins would get you a lot more return than you could hope to recover by mining it.