To Mine Or Not To Mine...

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·@constantine-g·
0.000 HBD
To Mine Or Not To Mine...
![why-japan-is-best-place-to-buy-with-bitcoin-cointelegraph.jpg](https://steemitimages.com/DQmXzbysTefiNvWcGBSsjPXS9RpisWFWMvjeEFLoKkokFit/why-japan-is-best-place-to-buy-with-bitcoin-cointelegraph.jpg)

So I could buy a rig, and earn **ETN (Coin chosen for this discussion)** or do I put the money as a straight investment and **HODL**. 

**What and why?**

Here is how I see it...

If I buy **€2500** of **ETN** at the rate now, I would have **13.5k ETN**
If I **HODL** this for the next **5 months (150days)** and lets say it goes to value **€0.50** **(just as a random number) then I would have **€7250** and would have made **€4750 profit.** **(THATS IF IT GOES TO THAT PRICE, if it doesn't I'm in greater or less profit)**

**Lets say I take the mining route:**

I buy a **RIG** worth **€2500**, and I start to earn **200ETN per day** at its current value and if the price was to fluctuate around its current value it would take **207 days (give or take)** to make money back and earn **€4750 Profits (estimated 35€ per day)** and comparing figures over 5 months straight investment.

If the value of **ETN** increases, will the return per day remain the same? Or will the **hash/rate** be equivalent to 35€ per day. .

Also minus electrical costs.
If the income decreases per day, I could always switch to another coin to mine, and convert.

**Who has the answers?** **What are your opinions?**

![isQkrkK7.jpg](https://steemitimages.com/DQmWcBoUXL4rw496SjNB6REeZ34qBBraTALzxn4r2oYA2rw/isQkrkK7.jpg)
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