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how would you build your mining farm?
Nope. I would just buy some Bitcoins and watch them grow.
Mining is a business. One with ups and downs. Just think: with ever rising difficulty, reward halving just a couple of days ago... it doesn't look like a good moment to enter (it could have been 1 year ago). Plus, until you gather a bit of experience... the next crypto winter may come.. you know, the moments the miners take a very close look whether they should continue or stop.
Imho nowadays the proper way to enter this business is to also have you own production of electricity (probably solar). And I fear you may need more than 200k to get something proper. But my experience is limited and I may be wrong, look for other answers too (plus as @Yamane_Keto said, there are very good answers in the other topics, you may want to read those first).
this is a great time to build a mine. but and this is the big but five or six cent power is a must.
the s21 the modded t21 i did on my thread and ths L7 are very very very very good to make a mine with but you need five or six cent power.
If you gave me the choice of 200k in btc or a proper mine with five cent power.
I would want the mine.
I could do 30 t21s which is about 120k and 10 L7 units which is about 50k
and infrastructure setup which is 30k
200k would score good money doing this.
better than buying the coins.
but finding a real 5 cent power deal is hard to do.
It's true that the prices of miners are now down from what they used to be as well. Aside from the cost of power, which needs to be figured out and reduced, now is indeed the best time to get in the game
