But no,
Not for individuals
For the entire Bitcoin history, if you believed Bitcoin was headed to the moon, it made more sense to buy it outright
Though if you can get much larger loans or third-party investments for mining than for buying then that complicates things
Likewise, if you’re on a sanctions list or organized crime, that complicates things
Otherwise, just buy.
This is unlike buying GPUs for AI, which you might do for reasons of control over what your AI can do
What control do you have when mining bitcoin. Little.
Just buy
Not for individuals
For the entire Bitcoin history, if you believed Bitcoin was headed to the moon, it made more sense to buy it outright
Though if you can get much larger loans or third-party investments for mining than for buying then that complicates things
Likewise, if you’re on a sanctions list or organized crime, that complicates things
Otherwise, just buy.
This is unlike buying GPUs for AI, which you might do for reasons of control over what your AI can do
What control do you have when mining bitcoin. Little.
Just buy
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“Target looking to expand the San Francisco model of locking up all merchandise to all stores nationwide.”