Hi everyone,
I am looking to invest 50K plus into mining. I’ve already got 15K worth of miners up and running. Although I’ve been following cryptocurrency and mining for quite a while, and I’ve carefully run the numbers and projections, there is still a lot that I do not know.
-How long do these ASIC miners tend to last? How much maintenance is required on average once set up?
-How likely are we going to hit a bear market in cryptocurrency? What’s the most that profitability could go down over the next few years? Particularly for mining Bitcoin, Dogecoin, Z-cash.
-How long will mining be around for? Do creators and managers of cryptocurrencies have a long-term plan for miners from big to small?
Certainly, if you guys would like to offer some wisdom here, I would very much appreciate it. But I am hoping to have a phone call or Zoom call of paid consulting with someone who is an expert. I’d love to speak to Mr. Vosk himself! But he is a rather busy man. DM me if you are someone or know someone who can help.
Part of this is that I am wondering whether my time, work, and energy put into this is only for the next few years, or something for the long haul. Am I just a worker or will cryptocurrency need miners so long as there is cryptocurrency?
Thanks guys,
Kyle