$10,000-15,000 rig

[Biodom]

one important point: much less noise pollution.
I have 3 rigs upstairs in one room (7950, R9 390 and R7 370) and cannot hear anything downstairs.
What a relief. All S7s are in hosting.
Once Polaris comes out, i will sell 7950ies if anyone would want them on ebay.

[1715509303]

1715509303

[1715509303]

1715509303

[elokk]

I have $10,000-15,000 to invest into Bitcoin/altcoin mining. I'd love for someone who's very experienced in the field to give me the hardware and shit that I can get for $10,000 and $15,000. I tried doing it myself but couldn't get around it. I'd probably go even up to $20,000 if that's something I'd need to make profit. Please do include cooling in the price. Thanks a lot!

Mining does not equal money printing. Being that you are asking others how to invest your money in mining rather than doing your own research, my advice to you is buy coins and hold (if your intention is investing in btc as long play)

As far as Ether goes, that is an over pumped shit coin with no use.

Do your own research and quit listening to hype otherwise you will fall victim to countless crowdsale "blockchain" scams.

[d57heinz]

I have $10,000-15,000 to invest into Bitcoin/altcoin mining. I'd love for someone who's very experienced in the field to give me the hardware and shit that I can get for $10,000 and $15,000. I tried doing it myself but couldn't get around it. I'd probably go even up to $20,000 if that's something I'd need to make profit. Please do include cooling in the price. Thanks a lot!

Mining does not equal money printing. Being that you are asking others how to invest your money in mining rather than doing your own research, my advice to you is buy coins and hold (if your intention is investing in btc as long play)

As far as Ether goes, that is an over pumped shit coin with no use.

Do your own research and quit listening to hype otherwise you will fall victim to countless crowdsale "blockchain" scams.

Its no more or no less useful then btc.. So if you say that about eth.. then what you think of btc?  (its comical to me that so many here that are so knowledgeable have such young accounts.  Why cant with the few being the exception, people just stick to their original accounts.  Ya i say things that may not come out correct. but im always open to be corrected, by facts not opinions of course.. So to those that keep making new accounts why cant you just keep one and grow some fucking balls!)  If i was this guy honestly i would stay far away until some accountability can be had with all the scammers.. Even the ones that get caught end up fleeing and still getting away with it.. Im really start to question the integrity of this whole ecosystem.. there is 2 good to every 10 scammers maybe worse.. Id say with BTC "usefulness" it should be no more then a few dollars a pc aswell.  But when you have chinese exchanges with 0 fee it makes one wonder just who is floating the price.. And when will they dump.  If i was this guy id just buy some silver and ride those waves.  Stock market has been proven to be rigged. Cant trust them as far as you can throw them.  Cant trust anyone in btc to not run away with your money in the next 5 min.. Starting to see that pattern yet.. You cant trust anyone that is motivated by money and not for the betterment of human kind.

Best Regards
d57heinz

[philipma1957]

I have $10,000-15,000 to invest into Bitcoin/altcoin mining. I'd love for someone who's very experienced in the field to give me the hardware and shit that I can get for $10,000 and $15,000. I tried doing it myself but couldn't get around it. I'd probably go even up to $20,000 if that's something I'd need to make profit. Please do include cooling in the price. Thanks a lot!

Mining does not equal money printing. Being that you are asking others how to invest your money in mining rather than doing your own research, my advice to you is buy coins and hold (if your intention is investing in btc as long play)

As far as Ether goes, that is an over pumped shit coin with no use.

Do your own research and quit listening to hype otherwise you will fall victim to countless crowdsale "blockchain" scams.

Eth coin accounts for 10% of gpus sold by amd.

So to AMD eth coin is advertisement to buy a gpu.

Since the entire eth coin market cap is about a billion usd at most.  AMD can afford to buy a few million coins a month to keep price up.
I see a new pattern emerging in alt coins.  I believe both Nvidia and AMD can afford to promote a GPU coin  designed to go to POS as soon as an asic builder makes a chip to mine it.
I see a new coin with a new algorithm already waiting to replace ETH coin.

You don't understand the economics here.  10 million a month in coin purchases from Nvidia and AMD will keep price a float and sell cards.

anyone that games can simply mine while away from the pc.  So if the card earns  100 to 200 and cost 300 the game got a bargain on his gaming card.


Asic gear does not offer this. So btc becomes less valuble and Eth coin more valuable.

If you mine only asics and refuse to have a gpu rig you are simply hurting yourself.

[d57heinz]

I have $10,000-15,000 to invest into Bitcoin/altcoin mining. I'd love for someone who's very experienced in the field to give me the hardware and shit that I can get for $10,000 and $15,000. I tried doing it myself but couldn't get around it. I'd probably go even up to $20,000 if that's something I'd need to make profit. Please do include cooling in the price. Thanks a lot!

Mining does not equal money printing. Being that you are asking others how to invest your money in mining rather than doing your own research, my advice to you is buy coins and hold (if your intention is investing in btc as long play)

As far as Ether goes, that is an over pumped shit coin with no use.

Do your own research and quit listening to hype otherwise you will fall victim to countless crowdsale "blockchain" scams.

Eth coin accounts for 10% of gpus sold by amd.

So to AMD eth coin is advertisement to buy a gpu.

Since the entire eth coin market cap is about a billion usd at most.  AMD can afford to buy a few million coins a month to keep price up.
I see a new pattern emerging in alt coins.  I believe both Nvidia and AMD can afford to promote a GPU coin  designed to go to POS as soon as an asic builder makes a chip to mine it.
I see a new coin with a new algorithm already waiting to replace ETH coin.

You don't understand the economics here.  10 million a month in coin purchases from Nvidia and AMD will keep price a float and sell cards.

anyone that games can simply mine while away from the pc.  So if the card earns  100 to 200 and cost 300 the game got a bargain on his gaming card.


Asic gear does not offer this. So btc becomes less valuble and Eth coin more valuable.

If you mine only asics and refuse to have a gpu rig you are simply hurting yourself.

This is a very good perspective on this.. I was thinking the same with btc and all the asic manufactures. Very interesting!! Lets not buy any s9 (that goes for you too chines miners:) )  and see where btc price goes then.. Is this an elaborate ponzi in disguise? WOW. what a revelation i hope most have.  This brings up so many more questions then it answers.

Best Regards
d57heinz

[elokk]

I have $10,000-15,000 to invest into Bitcoin/altcoin mining. I'd love for someone who's very experienced in the field to give me the hardware and shit that I can get for $10,000 and $15,000. I tried doing it myself but couldn't get around it. I'd probably go even up to $20,000 if that's something I'd need to make profit. Please do include cooling in the price. Thanks a lot!

Mining does not equal money printing. Being that you are asking others how to invest your money in mining rather than doing your own research, my advice to you is buy coins and hold (if your intention is investing in btc as long play)

As far as Ether goes, that is an over pumped shit coin with no use.

Do your own research and quit listening to hype otherwise you will fall victim to countless crowdsale "blockchain" scams.

Its no more or no less useful then btc.. So if you say that about eth.. then what you think of btc?  (its comical to me that so many here that are so knowledgeable have such young accounts.  Why cant with the few being the exception, people just stick to their original accounts.  Ya i say things that may not come out correct. but im always open to be corrected, by facts not opinions of course.. So to those that keep making new accounts why cant you just keep one and grow some fucking balls!)  If i was this guy honestly i would stay far away until some accountability can be had with all the scammers.. Even the ones that get caught end up fleeing and still getting away with it.. Im really start to question the integrity of this whole ecosystem.. there is 2 good to every 10 scammers maybe worse.. Id say with BTC "usefulness" it should be no more then a few dollars a pc aswell.  But when you have chinese exchanges with 0 fee it makes one wonder just who is floating the price.. And when will they dump.  If i was this guy id just buy some silver and ride those waves.  Stock market has been proven to be rigged. Cant trust them as far as you can throw them.  Cant trust anyone in btc to not run away with your money in the next 5 min.. Starting to see that pattern yet.. You cant trust anyone that is motivated by money and not for the betterment of human kind.

Best Regards
d57heinz

What can you do with ether? you can buy into other scams like DAO, that is the only use (or lack thereof) that I know of.

With BTC I can buy a hooker, drugs, discounted items from Amazon, transfer wealth quite easily outside of the banking system. These are reasons why btc is useful.

I don't doubt Mining ether then selling is profitable, if you do not end up a bag-holder when the bottom drops out

[d57heinz]

I have $10,000-15,000 to invest into Bitcoin/altcoin mining. I'd love for someone who's very experienced in the field to give me the hardware and shit that I can get for $10,000 and $15,000. I tried doing it myself but couldn't get around it. I'd probably go even up to $20,000 if that's something I'd need to make profit. Please do include cooling in the price. Thanks a lot!

Mining does not equal money printing. Being that you are asking others how to invest your money in mining rather than doing your own research, my advice to you is buy coins and hold (if your intention is investing in btc as long play)

As far as Ether goes, that is an over pumped shit coin with no use.

Do your own research and quit listening to hype otherwise you will fall victim to countless crowdsale "blockchain" scams.

Its no more or no less useful then btc.. So if you say that about eth.. then what you think of btc?  (its comical to me that so many here that are so knowledgeable have such young accounts.  Why cant with the few being the exception, people just stick to their original accounts.  Ya i say things that may not come out correct. but im always open to be corrected, by facts not opinions of course.. So to those that keep making new accounts why cant you just keep one and grow some fucking balls!)  If i was this guy honestly i would stay far away until some accountability can be had with all the scammers.. Even the ones that get caught end up fleeing and still getting away with it.. Im really start to question the integrity of this whole ecosystem.. there is 2 good to every 10 scammers maybe worse.. Id say with BTC "usefulness" it should be no more then a few dollars a pc aswell.  But when you have chinese exchanges with 0 fee it makes one wonder just who is floating the price.. And when will they dump.  If i was this guy id just buy some silver and ride those waves.  Stock market has been proven to be rigged. Cant trust them as far as you can throw them.  Cant trust anyone in btc to not run away with your money in the next 5 min.. Starting to see that pattern yet.. You cant trust anyone that is motivated by money and not for the betterment of human kind.

Best Regards
d57heinz

What can you do with ether? you can buy into other scams like DAO, that is the only use (or lack thereof) that I know of.

With BTC I can buy a hooker, drugs, discounted items from Amazon, transfer wealth quite easily outside of the banking system. These are reasons why btc is useful.

I don't doubt Mining ether then selling is profitable, if you do not end up a bag-holder when the bottom drops out

i can do just as many things with eth as btc.. there are exchanges that transfer it to btc.. I know you heard of those right?  Kraken is the one i prefer since the recent shapeshift debacle

[elokk]

Thanks for proving my point.....you are doing these things with btc, not ether.

If you are mining eth successfully then exchanging for btc, then that may be a good strategy. As said before, I rather not be a bag-holder

[d57heinz]

Thanks for proving my point.....you are doing these things with btc, not ether.

If you are mining eth successfully then exchanging for btc, then that may be a good strategy. As said before, I rather not be a bag-holder

id love for you to show the community how owning btc doesnt allow for you to become a bag holder.. Is that in the white paper somewhere?  always profitable .. now where have i heard that before.. Do you know josh garza by chance?

[elokk]

I believe my point is that eth is a shitcoin that serves no use case.  The op is asking for advice in mining and of course everyone wants to hype the latest scam. Sure you can ride the bubble up, but every scam will come crashing down as you know being that you reference Garza. You are always arguing stupid shit in circles and trying to imply I said certain things. Bitcoin can fail too, but we know it is not a scam coin and it DOES meet the needs of the under serviced hence the reason it has been around so long. Troll on faggot

[WarrEagle]

I believe my point is that eth is a shitcoin that serves no use case.  The op is asking for advice in mining and of course everyone wants to hype the latest scam. Sure you can ride the bubble up, but every scam will come crashing down as you know being that you reference Garza. You are always arguing stupid shit in circles and trying to imply I said certain things. Bitcoin can fail too, but we know it is not a scam coin and it DOES meet the needs of the under serviced hence the reason it has been around so long. Troll on faggot

The only thing you proved is your rather asinine opinion. But, alas you are entitled to that. ETH is going places, its early like in the early days of BTC, everyone, everywhere was screaming you can't use it for anything. The whole IoT IS going to change that, if you cant see that, you really need to open your eyes and take a look at where technology is moving. Or just get left behind and watch reality TV.

[d57heinz]

I believe my point is that eth is a shitcoin that serves no use case.  The op is asking for advice in mining and of course everyone wants to hype the latest scam. Sure you can ride the bubble up, but every scam will come crashing down as you know being that you reference Garza. You are always arguing stupid shit in circles and trying to imply I said certain things. Bitcoin can fail too, but we know it is not a scam coin and it DOES meet the needs of the under serviced hence the reason it has been around so long. Troll on faggot

well ok.. please elaborate how something that is as technically requiring as bitcoin is will work in poor third world countries.  Or how it solves the inequality gap from the rich and poor. Then id say you have a leg to stand on.. Otherwise your blowing as much hot air as you think i am.  and resorting to name calling shows your level of intelligence.. I was just trying to have a debate if you will.. Not being mean about it. If i really wanted to call you out id just reference the fact that you have to keep making new accounts.  Ohh wait i did. But that wasnt going to the lengths you did of showing your racial hate towards people who think differently than you.. Sad world we live in.  You need some culture bud

Best Regards
d57heinz

[elokk]

I believe my point is that eth is a shitcoin that serves no use case.  The op is asking for advice in mining and of course everyone wants to hype the latest scam. Sure you can ride the bubble up, but every scam will come crashing down as you know being that you reference Garza. You are always arguing stupid shit in circles and trying to imply I said certain things. Bitcoin can fail too, but we know it is not a scam coin and it DOES meet the needs of the under serviced hence the reason it has been around so long. Troll on faggot

The only thing you proved is your rather asinine opinion. But, alas you are entitled to that. ETH is going places, its early like in the early days of BTC, everyone, everywhere was screaming you can't use it for anything. The whole IoT IS going to change that, if you cant see that, you really need to open your eyes and take a look at where technology is moving. Or just get left behind and watch reality TV.

When ETH starts presenting use cases that serve a need that is currently not met then I will certainly use it, at this point there is no sign of that happening. You certainly present a great way to profit off the hysteria by building and reselling mining rigs. I am not trying to prove anything but I am certainly not going to contribute to some guy dumping $15k into mining eth based on pipe dreams. FYI, I do not even own a tv

[elokk]

I believe my point is that eth is a shitcoin that serves no use case.  The op is asking for advice in mining and of course everyone wants to hype the latest scam. Sure you can ride the bubble up, but every scam will come crashing down as you know being that you reference Garza. You are always arguing stupid shit in circles and trying to imply I said certain things. Bitcoin can fail too, but we know it is not a scam coin and it DOES meet the needs of the under serviced hence the reason it has been around so long. Troll on faggot

well ok.. please elaborate how something that is as technically requiring as bitcoin is will work in poor third world countries.  Or how it solves the inequality gap from the rich and poor. Then id say you have a leg to stand on.. Otherwise your blowing as much hot air as you think i am.  and resorting to name calling shows your level of intelligence.. I was just trying to have a debate if you will.. Not being mean about it. If i really wanted to call you out id just reference the fact that you have to keep making new accounts.  Ohh wait i did. But that wasnt going to the lengths you did of showing your racial hate towards people who think differently than you.. Sad world we live in.  You need some culture bud

Best Regards
d57heinz

Go debate a wall. You imply I am racist and have multiple accounts with no evidence, clearly you are delusional. Typical d57heinz nonsense

[WarrEagle]

I believe my point is that eth is a shitcoin that serves no use case.  The op is asking for advice in mining and of course everyone wants to hype the latest scam. Sure you can ride the bubble up, but every scam will come crashing down as you know being that you reference Garza. You are always arguing stupid shit in circles and trying to imply I said certain things. Bitcoin can fail too, but we know it is not a scam coin and it DOES meet the needs of the under serviced hence the reason it has been around so long. Troll on faggot

The only thing you proved is your rather asinine opinion. But, alas you are entitled to that. ETH is going places, its early like in the early days of BTC, everyone, everywhere was screaming you can't use it for anything. The whole IoT IS going to change that, if you cant see that, you really need to open your eyes and take a look at where technology is moving. Or just get left behind and watch reality TV.

When ETH starts presenting use cases that serve a need that is currently not met then I will certainly use it, at this point there is no sign of that happening. You certainly present a great way to profit off the hysteria by building and reselling mining rigs. I am not trying to prove anything but I am certainly not going to contribute to some guy dumping $15k into mining eth based on pipe dreams. FYI, I do not even own a tv

Then why the fuck are you even posting in here. Because you are contributing, albeit an opinion. Generally speaking, if you don't want anything to do with something, you generally DO NOT participate in it. Yet, here you are, busting peoples chops and making your opinion heard. Give me a break, you come off like a TROLL.

[elokk]

I believe my point is that eth is a shitcoin that serves no use case.  The op is asking for advice in mining and of course everyone wants to hype the latest scam. Sure you can ride the bubble up, but every scam will come crashing down as you know being that you reference Garza. You are always arguing stupid shit in circles and trying to imply I said certain things. Bitcoin can fail too, but we know it is not a scam coin and it DOES meet the needs of the under serviced hence the reason it has been around so long. Troll on faggot

The only thing you proved is your rather asinine opinion. But, alas you are entitled to that. ETH is going places, its early like in the early days of BTC, everyone, everywhere was screaming you can't use it for anything. The whole IoT IS going to change that, if you cant see that, you really need to open your eyes and take a look at where technology is moving. Or just get left behind and watch reality TV.

When ETH starts presenting use cases that serve a need that is currently not met then I will certainly use it, at this point there is no sign of that happening. You certainly present a great way to profit off the hysteria by building and reselling mining rigs. I am not trying to prove anything but I am certainly not going to contribute to some guy dumping $15k into mining eth based on pipe dreams. FYI, I do not even own a tv

Then why the fuck are you even posting in here. Because you are contributing, albeit an opinion. Generally speaking, if you don't want anything to do with something, you generally DO NOT participate in it. Yet, here you are, busting peoples chops and making your opinion heard. Give me a break, you come off like a TROLL.

Yes, because I am not part of the Vitalik occult I must be a troll. I am here offering my opinion to the OP as everyone else but of course I expected you guys to get butt hurt once I trashed your shitcoin. Therefore I am a racist with many accounts and I watch too much reality tv on my nonexistent television. Now that we have that cleared up, can we get back on topic now???

[d57heinz]

I believe my point is that eth is a shitcoin that serves no use case.  The op is asking for advice in mining and of course everyone wants to hype the latest scam. Sure you can ride the bubble up, but every scam will come crashing down as you know being that you reference Garza. You are always arguing stupid shit in circles and trying to imply I said certain things. Bitcoin can fail too, but we know it is not a scam coin and it DOES meet the needs of the under serviced hence the reason it has been around so long. Troll on faggot

well ok.. please elaborate how something that is as technically requiring as bitcoin is will work in poor third world countries.  Or how it solves the inequality gap from the rich and poor. Then id say you have a leg to stand on.. Otherwise your blowing as much hot air as you think i am.  and resorting to name calling shows your level of intelligence.. I was just trying to have a debate if you will.. Not being mean about it. If i really wanted to call you out id just reference the fact that you have to keep making new accounts.  Ohh wait i did. But that wasnt going to the lengths you did of showing your racial hate towards people who think differently than you.. Sad world we live in.  You need some culture bud

Best Regards
d57heinz

Go debate a wall. You imply I am racist and have multiple accounts with no evidence, clearly you are delusional. Typical d57heinz nonsense

doesnt bother me one bit to not fit in  it appears that it must for you.. I have my own thoughts .. and as most can see im not afraid to express them.. I have many questions and i like to do tons of research.. Looking at the first posts you made on this board for someone with 12 ths.. i doubt its your first account.. I am great at detecting bullshit.  Maybe without exact proofs but i say your full of it.. And the angry response only helps to reassure ive hit the nail on the head.  not intentional .. but you come in slinging shit. and expected none of it to bounce back..  

Since i am so delusional can you please explain why you think calling me a "faggot" would get a rise out of me, if you didnt first think its was "bad" to be a "faggot" ..  once you figure that out then i think you will understand what im trying to say to you.

Best Regards
d57heinz

[WarrEagle]

I believe my point is that eth is a shitcoin that serves no use case.  The op is asking for advice in mining and of course everyone wants to hype the latest scam. Sure you can ride the bubble up, but every scam will come crashing down as you know being that you reference Garza. You are always arguing stupid shit in circles and trying to imply I said certain things. Bitcoin can fail too, but we know it is not a scam coin and it DOES meet the needs of the under serviced hence the reason it has been around so long. Troll on faggot

well ok.. please elaborate how something that is as technically requiring as bitcoin is will work in poor third world countries.  Or how it solves the inequality gap from the rich and poor. Then id say you have a leg to stand on.. Otherwise your blowing as much hot air as you think i am.  and resorting to name calling shows your level of intelligence.. I was just trying to have a debate if you will.. Not being mean about it. If i really wanted to call you out id just reference the fact that you have to keep making new accounts.  Ohh wait i did. But that wasnt going to the lengths you did of showing your racial hate towards people who think differently than you.. Sad world we live in.  You need some culture bud

Best Regards
d57heinz

Go debate a wall. You imply I am racist and have multiple accounts with no evidence, clearly you are delusional. Typical d57heinz nonsense

doesnt bother me one bit to not fit in  it appears that it must for you.. I have my own thoughts .. and as most can see im not afraid to express them.. I have many questions and i like to do tons of research.. Looking at the first posts you made on this board for someone with 12 ths.. i doubt its your first account.. I am great at detecting bullshit.  Maybe without exact proofs but i say your full of it.. And the angry response only helps to reassure ive hit the nail on the head.  not intentional .. but you come in slinging shit. and expected none of it to bounce back.. 

Since i am so delusional can you please explain why you think calling me a "faggot" would get a rise out of me, if you didnt first think its was "bad" to be a "faggot" ..  once you figure that out then i think you will understand what im trying to say to you.

Best Regards
d57heinz

I'm going to have to side with you on this. elokk keeps contradicting his own statements so much its ridiculous. "I am certainly not going to contribute to some guy dumping $15K...." "I am here offering my opinion to the OP" Make up your damn mind. Which is it, you are or you are not? Can't do both and NOT get called out for it.

Elokk, you cant win this topic or argument. You are trying to convince someone to not spend $15k on mining gear. Why not? Another huge shitcoin is right around the corner, maybe if you have the cajones, you can pick a couple of early stage shitcoins, mine the absolute piss out of them then dump them on Yobit as they pump. I've have two rigs dedicated just to doing this. ETH is not a shit coin, we can agree to disagree on that. Other than that you are just spewing hot air.

Clearly you know nothing of mining, otherwise you wouldn't have said the crap you have been projectile vomiting all over this board..

[elokk]

while Warreagle and d57heinz continue to circle jerk..... 
OP I will say that mining is not an investment. In regards to btc mining (IMO) you are simply transferring value out of USD or other such currencies into a digital currency/store of vale/or whatever else you want to call it via the electric company. You are not printing money and I doubt you will make much profit. I prefer mining coins rather than buying from coinbase because I think Brian Armstrong is bad for bitcoin, not because I think I am going to get rich.  Bitcoin is useful in many ways, that is why is has value...because people use it. If you wish to speculate on price, buying to hold or trading on an exchange is probably much more simple than managing a bunch of noisy heaters that will cost you lots of time and headaches. I consider my mining mostly a hobby and then I can save 20% at starbucks (because I drink a lot of coffee) or buying highly discounted items though purse.io (because I was already buyng items from Aamzon anyways at retail) using these mined coins. I can tell you that I am not making any profit by mining, but it does allow me access to discounts I would not be able to use if spending dollars.

If you wish to mine an alt....
 it is high risk being that these coins have zero use so it is 100% speculation (yes btc is speculative as well) while the profit margin could be much higher if you get out at the right time. Yes you can make money in a pump but that is a gamble, not an investment. As said previously, do research and be a skeptic. As a reminder, The original post stated he is looking to invest/ make profit. Maybe you can invest your money with one of the other posters to build/resell gpu rigs, that seems low risk with great return. Everyone can continue to debate themselves into oblivion, I am simply offering up my thoughts so this guy has a better idea of what he is getting into. Anyone with a solid business plan on how to mine any coin at high return should probably pm the op with a partnership offer.

[d57heinz]

while Warreagle and d57heinz continue to circle jerk..... 
OP I will say that mining is not an investment. In regards to btc mining (IMO) you are simply transferring value out of USD or other such currencies into a digital currency/store of vale/or whatever else you want to call it via the electric company. You are not printing money and I doubt you will make much profit. I prefer mining coins rather than buying from coinbase because I think Brian Armstrong is bad for bitcoin, not because I think I am going to get rich.  Bitcoin is useful in many ways, that is why is has value...because people use it. If you wish to speculate on price, buying to hold or trading on an exchange is probably much more simple than managing a bunch of noisy heaters that will cost you lots of time and headaches. I consider my mining mostly a hobby and then I can save 20% at starbucks (because I drink a lot of coffee) or buying highly discounted items though purse.io (because I was already buyng items from Aamzon anyways at retail) using these mined coins. I can tell you that I am not making any profit by mining, but it does allow me access to discounts I would not be able to use if spending dollars.

If you wish to mine an alt....
 it is high risk being that these coins have zero use so it is 100% speculation (yes btc is speculative as well) while the profit margin could be much higher if you get out at the right time. Yes you can make money in a pump but that is a gamble, not an investment. As said previously, do research and be a skeptic. As a reminder, The original post stated he is looking to invest/ make profit. Maybe you can invest your money with one of the other posters to build/resell gpu rigs, that seems low risk with great return. Everyone can continue to debate themselves into oblivion, I am simply offering up my thoughts so this guy has a better idea of what he is getting into. Anyone with a solid business plan on how to mine any coin at high return should probably pm the op with a partnership offer.

Going to have to step down from this one.  Looking for an argument from me a year ago maybe would of happened but nowadays I spot your type rather instantly!

Best regards
D57heinz