I've never even considered mining until last night. I have £30000 to invest in machines. Is this a good starting point? Will £30000 worth of ASICs turn me a nice profit and how quick will my investment pay itself off? How much per day will I spend on electricity? Will the police raid my house thinking I'm growing weed? If the feds know I'm mining will I need to pay taxes? What websites/videos should i watch to learn more? Any advice will be much appreciated lads.
Any miners here?
Jaxson Morales
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Aaron James
No point anymore the mining age is over too many chinks with super farms so don't bother with it
Carson Fisher
Kys
Thomas Bennett
Get raped by a pack of niggers
Isaiah Green
He doesn't have to mine Bitcoin. There's other alts that are more profitable
Dominic Jenkins
Kys you'reself'vere
Gabriel Reyes
Maybe in combination with renewable energy. It would take a hell of a lot of solar panels, probably. Once you make enough profit to pay for the solar panels, you're basically using free electricity.
&yeah there is the part where you have to get coins from the block while competing with super farms
Tyler Johnson
Mining is the cheapest way to acquire a coin, also the slowest.
If mine, hodl, and pay out of pocket for the electricity, you are looking at 5x gains.
Juan Taylor
Keep disappointing your stepdad
Daniel Nguyen
just buy btc or hashing power senpai