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Mining on a smaller scale is only profitable if the outlook for the coin is straight up.
Unless you have free electricity somehow B.C. hydro rate is expensive. Difficulty keep increasing as more and more people join the party as btc raise. It’s all evens out eventually as you will need to upgrade you hardware to stay competitive.
The kicker is you are buy your hardware from manufacture that are selling you last generation hardware to begin with. They have already move on to the next step up light year ahead of any small player (who basically have to buy their hardware to get into the game)
All good if BTC raise. But all of the smaller player with shallow bank roll will get rekt when a correction come. Mining is a long game with equipment upgrade being able to hold through bear market and the constant expense of keeping the rigs going.
If you just want exposure to crypto, just hold the coins you benefit when the price goes up just like the miner but you minimize the downside because unlike the miners you can exit relatively easily
As a hobby thou it’s really fun.
Just my opioion from mining the last bull run we had...
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