Lets assume a hypothetical situation where you have half a million USD from investors that want to get into mining and are asking your opinion/technical partnering.
- The rise in popularity -> More miners -> Spikes in difficulty
- GPU sourcing lead times -> By the time capacity is up 100% difficulty would have caught up.
- POW future in general.
- Many other things you would know having mined for quite some time
Assume you have access to cheap electricity (globally competitive) and can locate in a coolish climate, would you still recommend an ‘industrial’ scale mining operation to them ?
I’m curious to your opinions.