I’m new here. Looking to take my first step into crypto mining, both for the learning and hobby aspect as well as turning a profit. I’m kicking myself for not getting into this when I first learned of BTC 7 years ago. Anyhow, better late than never and I don’t want to look back another 7 years from now and really regret not jumping aboard.
With that said, I was hoping to use your expertise to make a good investment. I know I can use Minerstat, and I have been. But I would love to get some insight from some pros. Obviously I’d rather spend the least amount possible but as we all know, the older and cheaper hardware isn’t profitable now. I kind of like the idea of GPU mining just because of its versatility. However, if the ROI would be faster with ASIC mining, then that would be the route I’d take.
I should also state that I don’t mind if the rig is used. Also, I’d spend some more (max about $4.5k) if it meant the difference between huge earnings and modest. Any recommendations from you guys would be much appreciated. You all are light years ahead of me and I’d be really grateful for your thoughts/input. If you can spare a moment please help. Thanks in advance.