I work in the mining space and I deal with many people I'd say the majority of people who mine are:
  • FOMOing into mining without understanding even basics on ASICs, hashrate, difficulty etc...
  • they are triggered by 2 things: NGU (thinking they will print BTC) and predatorial type of marketing companies do to hook them up
at least 90% lose in BTC terms or $ terms .... u better buy BTC instead Note: this IS financial advice