40.000 Dollar Investment

[jonnybravo0311]

Also if I HAD to mine, I would go with cloud mining. It gets hot in the summer and my electricity bill goes through the roof, and these things can easily burn down your entire house when you are gone.

I have to agree with william on this one, its pretty scary during the summer.
In terms of electricity bill also insane, not to mention the risk of power failiures/surges etc.

I would personaly definetly just buy BTC, since 40k is long term investment anyways, and in year or so, bitcoin reward is halving, so im guessing you could make a decent profit out of that.

I think you meant "in 2 years or so the reward is halving".

As to the original question about investing in hardware, do not forget to factor in electricity and cooling into your investment.  Having $40,000 in hardware won't mean a thing if you can't do anything with it.  Let me ask a question back: why do you want to invest $40k in mining hardware?

[Dread Pirate Roberts]

maybe i just buy bitcoin and change to ghs .

[Perseus353]

I would hedge the investment:

Use 40% to buy BTC directly.

Use 25% for a mining plan (Cloudhashing is going for $2/GH for their next upgrade)

Use about 10% for other coins (Litecoin and/or Darkcoin and/or Doge)

Use 25% for a hardware order -- but be careful: BFL is useless, KNC has gone bad, and most other companies will never make ROI.

[Gumbork]

Buying BTC might be a risky asset right now, new york might just ban it.. Advice to invest only 30% of your money..

[ranochigo]

Buying BTC might be a risky asset right now, new york might just ban it.. Advice to invest only 30% of your money..

No one can ever ban BTC. Since it is decentralised, there isn't anyway for them to stop people from using BTC. Even if they ban it, you can always place it inside a wallet and go to another country to sell it and get your money back if you want.

[DrG]

I would hedge the investment:

Use 40% to buy BTC directly.

Use 25% for a mining plan (Cloudhashing is going for $2/GH for their next upgrade)

Use about 10% for other coins (Litecoin and/or Darkcoin and/or Doge)

Use 25% for a hardware order -- but be careful: BFL is useless, KNC has gone bad, and most other companies will never make ROI.

I feel you are using the word "hedge" incorrectly - at least not in the way it is typically used with investments. Perhaps you meant diversify.

Buying cloud mining is just plain silly.  Do you know anybody who will sell you $1 for $0.75?  The cloud mining company will just take your premiums and make a farm to sell more hash which will directly compete with your investment.  It also centralizes mining power - bad for Bitcoin.

Buying altcoins is very risk buy also offers high potential for gain.

Hardware might be viable if you have infrastructure, cheap power and get a good price.