Its almost always better to just buy the coin than mine it. Reason I say this is because hardware keeps improving and profits decrease as difficulty increases.
How profitable could this be, with approximately a 5-7k setup. Free electricity. Just looking to see if this can pay rent in one of my properties.
Thanks
xHubaBubax (12-08-2020)
Better just buy and hodl it, with 5k setup, you probably will make only two two rigs.
You'll need one of those 10k USD miner rigs to actually earn something
You need a good mining rig to be really 'profitable' and it would cost a lot for the set-up. And it's too late to do that now. With your 5K, i suggest you go with trading.