If you had 10K to invest would you mine Bitcoin?

[DirTdel]

http://www.datacenterknowledge.com/archives/2014/11

[Nerazzura]

End of the year, have about 10K to invest in equipment.  What would you do?

I will use it as capital to play trading.
I started liking for it, and until now I enjoy

[arieq]

I will split the money into some investments, put half in bitcoin / alt coins trading, and the rest to buy some cloud mining contracts. I will never invest them in mining hardware, never !

[ProudMiner]

I would buy bitcoins, the current price is below 300$, just buy them and you can sell them when the price goes up.

[NeuroticFish]

Mining altcoins or day trading is more profitable than mining bitcoin imho.
Obviously, for altcoins the problem is that you'll have to adapt to new algos from time to time, so ASIC is not a good option.

Mining is by far the most profitable for hardware vendors. I'd advice against buying dedicated hardware.

[nwfella]

Throwing $10,000 into mining hardware at this point in time is just crazy talk!  If your really wanting to risk that kind of money your probably just better off buying and holding but even that is pretty risky at this point imho.

[randy8777]

i would just use the 10k$ to buy bitcoins instead of investing in mining hardware.