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RE: Should You Mine Etherium, Monero, Etherium Classic, Any Coin At All?
I don't recommend buying any mining contracts. Everytime I have crunched the numbers on them they only make sense if the coins keep increasing in value. When there is a pull back you are already locked into the contract for a long duration.
I wouldn't go out and buy a bunch of hardware at this point. This is 2013 / 2014 all over again. There was a world wide shortage of GPUs. Same thing has happened right now and the difficulty is going exponential on this stuff.
Mining is a really cool thing but you have to be in the right situation to make it work.
Thanks. I'm enjoying your videos on the topic. I realize I have a huge amount to learn about crypto currencies. It seems vastly complicated. I wouldn't actually buy any equipment. My friend says he uses miners - he's going to explain that to me over lunch sometime.
It is good to learn as much as possible for sure.