The big farms also probably by now need 2c-3c kWh electric 'at least' to boot!
Indeed, recent reports suggest that load balancing arrangements with local power grids and other forms of subsidized electricity are very important for mining operation margins. That's another avenue where small scale miners simply can't compete.
Now doing the math (philipma1957 in another thread did the math) using Bitmain's new AntRacks monster units that ship 3/2021 supposedly and NOT counting
the import/tariff of 26.7% to the USA, nor shipping, nor install fees, and NO electricity.
Well, the price to just have the equipment to make 1 BTC a day is 'supposedly' by the math: $4,500,000.00 USD investment.
the import/tariff of 26.7% to the USA, nor shipping, nor install fees, and NO electricity.
Well, the price to just have the equipment to make 1 BTC a day is 'supposedly' by the math: $4,500,000.00 USD investment.
That's truly incredible. The capital barrier to entry is even higher than I thought!
