Crypto currency mining

[ainarssems]

Call me old fashioned if you will but I prefer something I can hold in hand instead of long term contract with some company I do not know half way around world and pay for whole term upfront. They may be perfectly legit with good intentions but you do not know what will happen half year later, they may go bust or their government may force them to shut or move premises to another country increasing maintenance costs. I cannot remember which one it was but I remember one it was but there was one where maintenance costs in creases more than 3x as they moved, later were halved but still a lot more than at the beginning of contract. I would rather just buy the crypto and hold. Or if you want to invest in new emerging coins it might be an idea to buy some short term hashing power from NiceHash or MiningRigRentals but not cost effective for established coins.