Mining Cryptocurrency

[Kabamaro]

I want to start by investing 50k

I live in an area with cheap electricity and the electricity in my house is paid by the landlord so if I mined at home it will essentially be free energy.

I want to invest in GPU mining. Right now Ethereum is the most profitable altcoin but they’re transitioning to proof of stake so it may only be mineable for 2 years tops. However, when that happens I can just switch to mining other coins. The thing I’m worried about is once ethereum miners move to mining other coins it will increase the difficulty of mining other coins and don’t know if it’s still going to be decently profitable at that point, unless another decentralized coin dominates to take ethereum’s place.

What do you think about people that say I should just buy BTC/ETH and hodl instead, it makes sense but I like the idea of cash flow and building up a passive income. I’m just wondering wether this is going to workout long enough to make my ROI or is it going to be a temporary ride?

Any advice/input appreciated

[Bluestar92]

Buy 64 ETH and stake it instead.