Subj : Re: Crypto currencies and mining..
To   : Mindsurfer
From : Avon
Date : Fri Dec 17 2021 07:54 pm

On 24 Oct 2021 at 12:29p, Mindsurfer pondered and said...
 
 Mi> i stopped mining btc in 2013. it would have been alot smarter just to buy
 Mi> btc instead of mining it. all costs for power and gpu's are better put
 Mi> into crypto directly.
 Mi> 
 Mi> unless you have free power from somewhere. but still. all the hassle.

Yeah good thoughts, I've seen a local firm here sell mining gear and you buy it and run it for 12 months in their premises and take what it mines. But he costs are like 45k or higher for the annual setup so not cheap.

 Mi> and if you want to invest in crypto currencies directly, do your homework
 Mi> before you spend alot of money. first make yourself aware that there is a
 Mi> "halvening cycle" in bitcoin and what that means for the whole crypto
 Mi> market.
 
the rub is there are so many to choose from so yeah, I hear ya :)

Thanks for the advice and taking the time to post here

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