Post
Topic
Board Mining
Re: BTC mining in Germany
by
stompix
on 08/07/2021, 13:23:28 UTC
The moment you see 0.16euro/kwh....

I know for Germany is not that much but you're in competition with the rest of the world, I only recently started mining when I got a deal 1/3 of what you have and still I got pretty restless when the price started to get down. That difficulty you're taking into account in the scenarios will not last, it can't last simply because there is cheap gear available and if you plan on mining at that price what do you think people with 10 cents or 6 cents will do?

I look at your scenarios but out of 7 only there picture a difficulty of over 20T, and only one of 25T, and that at a price of 50k.
Scenario 4 at 80k per coin and only 16T difficulty? That's dreaming, back in October, we were at 20T and the price was 10k!

Also:


I think you did something wrong here, I'm not sure how with a difficulty of +40% and an increase in the price of only 17% you can make more money.

To be honest I would suggest buying that gear on the loan you take from the bank and reseller it at the same price to some other buyer and with the money buy bitcoin directly. I know it's not the proper way of doing but it's far less risky than what you plan here.