I’m about to spend $30k on asic miners and the associated initial hosting costs
convince to not do so
I’m about to spend $30k on asic miners and the associated initial hosting costs
What is your energy source, price and location?
I’ll be collocating
I think the rate for power is like 0.7
The only thing that is preventing me from doing this is the fact that I would to sell around .3 btc to do this
After some rough calculation I’ll earn about 0.266 btc over the course of three years
I may be just better off holding
convince to not do so
I may be just better off holding
you know, it's refreshing to see someone changing opinion by rational arguments in this cesspool of a site
cheers anon!
the thing is I’m not sure if I’m calculating correctly
By other calculations I would double my initial btc expenditure after mining for three years
I’m torn
you're just being exit liquidity for miner manufacturers and colocators, paying for wated energy. You won't be able to compete with companies which re-invest a shit ton of their mined BTC into minimizing their electricity costs and maximising your sats.
rather just hold and invest 10-20% of that 30k into something that will actually increase your income allowing you to stack more sats.
you're being deluded by the passive income meme. unlesss you got plenty of excess power that you don't need to pay for, this is bad idea
Anyone else find it hot that this white girl is culturally appropriating native american culture? Would love to see her suck a fat cock like this
I may be just better off holding
This is the conclusion that pretty much everyone has come to over the years. It's usually only worth it (since around 2013) if you have a source of free energy.
I just find the look hot, period, but I think it's hotter on those brown-skinned cuties.
I wish I could find the photo of the one who's holding a sloth again. She was adorable.
this. either buy btc or try to a start a business so you can generate an income to buy btc. theres just too many variables and you're competing against entities that benefit from the economies of scale
update: my mother talked me into only buying one ASIC miner for $5k to do a test run to see if it worth the trouble
i think i'm gonnna do this
weird this is not as boner inducing as the BROWN one
Built for big black cock
Thats big black penis specifically
BLACKED
so where do you plan on running it? you know they're insanely loud and annoying, not really suitable for residential use
this fucking retarded thread again?
Good plan. Worst case, you're only out 0.05 BTC.
Bad idea you won't break even if the market stays at this level til the halvening and after that next gen models will turn these into paper weights
if you have a source of free energy
I live in an all bills paid style apartment. What mining equipment should I get?
70 cents per kWh?
The influx of retards here wanting to get into mining means we're about 3-6 months out from the top of this cycle
lottery miner, just for fun
you dont have the correct outlets for a proper miner and you wouldnt want to live near one anyway.
I prefer the brown one, at least that one reminds me of my Kaka and the reason why I can't leave here, my job doesn't give me as much as a fucking shitcoin does
AI told me it's completely impossible to mine bitcoin profitably at $0.3/kWh. this tells me BTC has failed.
maybe because youre gay.
your investment won't pay for itself for 3+ years by which point you will have missed out on any positive price fluctuation you would have than just buying and hodling the same worth
you're mining for money, not for tech or to support some tranny community
asic minors and the associated initial housing cost
Y-you’re gonna buy underage Asian girls and house them?
This is has been a regular spam thread for the past 4 months
im considering this aswell. paying $0.03 for energy and i have around $25k to blast. my math says ive earned it back in 400-500 days with the current btc price. im still on the fence tho, since i know that the second i buy, btc will tank to $300 or something
the more I think about it the more it’s not worth it
first off the asic depreciates with time, idk how much I can resell it for after three years if I can resell it at all
then of course mining difficulty increases with time as well, at 225 th/s I’d be making $5.90 a day a year from now this figure will drop as well
then of course there are mining pool fees and electricity/hosting costs
if I calculate it exactly in terms of how much btc I’d be netting I actually wouldn’t even recover the initial expenditure (0.05) btc, meaning even if btc increases a lot I’d still would have been better of holding
in conclusion it’s probably not worth it, maybe the only mining worth a shot is lottery mining on some cheap hardware I can run at home
yeah but don’t you have to host in Venezuela for that rate of electricity
hosting in Venezuela is a big risk imho given their economic and political instability
norwegian. we have a ridiculously high rate of having access to power, but the actual power is third world tier priced
isnt pool fees like 2%?
Youre correct
Subconsciously you are more attracted to the subhumans because you know you are not good enough to get an Aryan girl and are only able to fuck subhumans
interesting
are there a lot of hosting services for btc mining in Norway
if there are plz link them id just jump on them in a second
no clue dyor. i wouldnt trust a hosting service if my life depended on it though. IF i buy rigs, i tell no one, and set it up secretly.
She pulls this off so much better than the brown girl. The striking blue of her eyes contrasts well against the red stripe, which also accents her fair skin better. The brown girl is pretty, but this blonde is just in a different league.
I don’t think you can run most asics on residential power sources though
from what I see hosting services in the us seem pretty legit
it varies but some pool fees can be as high as 2% but some are lower
idk what the differences are between the various pools other than the percentage they take
It's literally the same girl with an ai filter.
cant you get an electrician to setup a proper power outlet for you? if that cant be done idk how to do it. i know every circuit in my appartment would explode if i plugged an asic miner right into the wall lmao, but i think an electrician could fix this