I do consider this a general discussion but if it needs to be moved, I apologize.
I was previously an alt coin miner for majority of the year. I had a decent sized operation yielding close to around 7-9 z-cash monthly. I sold my equipment merely because of electricity and truly believed with the right money in the right place, I could do fairly well in terms of gains..and I have so far. Nothing wild but, extremely fair.
Now my question is this, seeing this continuing rising bitcoin price.. exponentially rising btc price, ha. Would you consider it to be more or equally profitable to spend say, 10-15k on BTC mining equipment like A6 avalons or S7's and with a completely proper setup.. OR, research and diversify a strong portfolio with said 10-15k mentioned above.
WHERE do you all consider the gains are.
I consider the gains by choosing these "investing in btc". They are both profitable and have a extremely high risk but for me i prefer to choose investment, because in investement you didnt do anything, all you have to do is to wait the pump and gain profits while in mining you have to provide a very expensive mining equipment like A6 avalons or S7 to mine bitcoin or an altcoin, aside from that equipment, you have to pay your monthly electric bills including the high consume of that miner into your electric bill so where the gains in that? The very wise choice is to invest bitcoin rather than mining.
