New startup with 250k, what should I invest in?

[tertius993]

Wait just a minute, how on earth did you manage to get 250k of funding without knowing what exactly youre going to do....Who in the hell invests that much in someone that is "stumped"??

To be fair he doesn't say 250k "what" he had to invest, it may have been satoshis ...

[extrabyte]

Since you do not have a business plan then do no invest anywhere, hire an expert and make a business plan, after that hire the developers and so on.

[notlist3d]

Wait just a minute, how on earth did you manage to get 250k of funding without knowing what exactly youre going to do....Who in the hell invests that much in someone that is "stumped"??

To be fair he doesn't say 250k "what" he had to invest, it may have been satoshis ...

Re-read first post:

Hello,
    I have acquired over 250k to the project and am stumped on which miners to purchase and the space to put them in. I fully understand the heating issues, and space is not an issue, but any type of advice is quite appreciated.
      Cheers

He specifically say's 250k or more.  So we do know he said that he had massive amount to invest not satoshi's.  I think you did not read through first page.

Also he is gone... no logging in.  So it really is not worth this thread getting bumped.  Chances are he left and is not investing, and did not have the cash.

[tertius993]

Wait just a minute, how on earth did you manage to get 250k of funding without knowing what exactly youre going to do....Who in the hell invests that much in someone that is "stumped"??

To be fair he doesn't say 250k "what" he had to invest, it may have been satoshis ...

Re-read first post:

Hello,
    I have acquired over 250k to the project and am stumped on which miners to purchase and the space to put them in. I fully understand the heating issues, and space is not an issue, but any type of advice is quite appreciated.
      Cheers

He specifically say's 250k or more.  So we do know he said that he had massive amount to invest not satoshi's.  I think you did not read through first page.

Also he is gone... no logging in.  So it really is not worth this thread getting bumped.  Chances are he left and is not investing, and did not have the cash.

Firstly, it was a joke (from me) so hardly worth worrying about, but I certainly did read the first post, as your quote shows he simply gave a number "250k" but no units, so he "may" have been referring to dollars or he "may" have meant cents, or Malaysian Ringgits, or satoshis, or ...

Anyway a joke that needs explaining obviously wasn't a very good one, I'll stick to the day job ...

[notlist3d]

Wait just a minute, how on earth did you manage to get 250k of funding without knowing what exactly youre going to do....Who in the hell invests that much in someone that is "stumped"??

To be fair he doesn't say 250k "what" he had to invest, it may have been satoshis ...

Re-read first post:

Hello,
    I have acquired over 250k to the project and am stumped on which miners to purchase and the space to put them in. I fully understand the heating issues, and space is not an issue, but any type of advice is quite appreciated.
      Cheers

He specifically say's 250k or more.  So we do know he said that he had massive amount to invest not satoshi's.  I think you did not read through first page.

Also he is gone... no logging in.  So it really is not worth this thread getting bumped.  Chances are he left and is not investing, and did not have the cash.

Firstly, it was a joke (from me) so hardly worth worrying about, but I certainly did read the first post, as your quote shows he simply gave a number "250k" but no units, so he "may" have been referring to dollars or he "may" have meant cents, or Malaysian Ringgits, or satoshis, or ...

Anyway a joke that needs explaining obviously wasn't a very good one, I'll stick to the day job ...

I'm missing the joke.  What part are you saying you were joking about?   I could be blind but I don't see anything remotely funny.

Only comment I see from you in quote is "To be fair he doesn't say 250k "what" he had to invest, it may have been satoshis ..."  And I don't see how that is funny at all... sounds like misinformation.

[jonnybravo0311]

That was precisely what he was joking about.  We were all assuming the OP would never return and that he didn't have the funds he claimed - because we all assumed he meant $250,000.  Tertius993 simply pointed out the OP never actually stated he had dollars.  That was the joke - he might have only had 250,000 satoshi to invest.

[notlist3d]

That was precisely what he was joking about.  We were all assuming the OP would never return and that he didn't have the funds he claimed - because we all assumed he meant $250,000.  Tertius993 simply pointed out the OP never actually stated he had dollars.  That was the joke - he might have only had 250,000 satoshi to invest.

Ahh thank you that was going over my head.  I just was not seeing it.

I appreciate the explanation.

[Mitak]

Just buy BTC and hold them

[talks_cheep]

That was precisely what he was joking about.  We were all assuming the OP would never return and that he didn't have the funds he claimed - because we all assumed he meant $250,000.  Tertius993 simply pointed out the OP never actually stated he had dollars.  That was the joke - he might have only had 250,000 satoshi to invest.

Ahh thank you that was going over my head.  I just was not seeing it.

I appreciate the explanation.

@notlist3d, you're an arse.

[King-Coin]

right now? if you have 250k I would buy gold.

http://www.kitco.com/charts/livegold.html

Price is low now learn how to trade in commodities like gold and silver. use small chunks of money to invest watch the markets.

its done me well over the past 10 years now I do it with bitcoin its even better.

http://www.kitco.com/news/video/show/The-Rough/1109/2015-11-10/Gold-Is-A-Bargain-Right-Now-But-No-One-Is-Paying-Attention---Rob-McEwen

[dontetris]

The OP did not state 250k of "what" he has acquired... It might as well be 250k grain of rice. Lol.

[notlist3d]

That was precisely what he was joking about.  We were all assuming the OP would never return and that he didn't have the funds he claimed - because we all assumed he meant $250,000.  Tertius993 simply pointed out the OP never actually stated he had dollars.  That was the joke - he might have only had 250,000 satoshi to invest.

Ahh thank you that was going over my head.  I just was not seeing it.

I appreciate the explanation.

@notlist3d, you're an arse.

I did not get that he did not specify 250k of what.   So joke was over my head....

Not sure who you are or why you felt need to post against me.  You need to need to read more of my posts... I don't try to be rude it was just I was not getting the joke.

[jackg]

Hello,
    I have acquired over 250k to the project and am stumped on which miners to purchase and the space to put them in. I fully understand the heating issues, and space is not an issue, but any type of advice is quite appreciated.
      Cheers

If you had anything over $500k, I would suggest investing in BitFury. They are a mining private company who produce their own hardware and take investments between $500k and $1000k.

I would suggest you look into companies like MiningSweden.se and ashnest.com for cloud mining that is cheaper. Hashnest takes maintenance fees and has an ROI of around 400 days, so you could earn 500k in two years! There may not b enough hashrate for your 250k, so if you wanted to do this, you may need to contact them directly!

You could also get some S7 antminers, and an old computer. If you turn the computer into a pool by following online tutorials and hook the antminers up to it. You would then have the greatest chance of an ROI.