So I'm about to make a purchase and buy my first furnace for casting, and I don't know whether to buy a propane or induction furnace. Ignoring the cost of running and purchasing either, what are the pros and cons of each? Also, would I be able to smelt or make in iron bloom in either of them? I saw a Cody's Lab video where he makes a bloom in his induction furnace and I'm wondering about how realistic that would be and how well that would work.
What do you guys think would be the best option to buy, for both casting and also smelting down ores into usable metals?
Thanks in advance!
-edit-
I forgot to add, which of the two furnaces would be best for recycling scraps and offcuts into new materials to work with and which would allow me to control the composition of my steels and other metals more?