What people who have not yet got an answer to this should do question just now? Let’s try to figure out this issue and consider the option of investing money in mining. Under the most pessimistic forecast, you get from 4.5% to 8% per month. Your money works for you, and you own the computing power.
Consider The Main Risks And Say “Yes”
1. Equipment failure
The most expensive components are video cards and power supplies. They are covered by the manufacturer’s warranty, so you dismantle them from the farm and drive to a service center or repair shop. By experience, it’s easier to go straight to the repair shop, often repairing equipment at your own expense will cost less than its service repair. All the rest is treated as a substitute.
2. The circumstances changed
Suppose you can no longer locate the farm at home / in the garage / at the summer country house and you need to do something urgently. The resolving this problem is simple – you place the equipment in the “Mining Hotel”. This is the company that takes your hardware for safe storage, places it in a ventilated room and charges you once a month with an electricity bill at a pre-agreed rate. In this way, the farm continues to work for you wherever you are.
3. Urgently need money
All technical facilities for mining are a high-liquid investment. Depending on market conditions, you can sell them with insignificant losses in cost, and sometimes without them.
4. The collapse of the crypto-currency
Ignore this and save the coins. After a possible recession, a rise always happens. It’s logical. So it has already happened more than once in the ten-year history of the cryptocurrency market. A crypt is not a bubble, not a hip and not a pyramid. It is a technology that develops and has its unique future. This cannot be stopped.
5. The sunset of minin
Very improbable factor, but let’s imagine that to say BTC can no longer be mined. If this ever happens, you can sell the farm for spare parts. Gamers are much more in numbers than miners and video cards will be bought out even though they literally have flooded the market.
Alternative methods of using farms
Neural networks and rendering graphics for video and virtual reality is a digital future. And this is done with the help of video cards. Without a doubt, these two technologies will require more and more computing power every year. And owners of mining farms with their stuff would help with this a lot.