Post
Topic
Board Mining
Re: Bitcoin Mining Shutdown Cause 20% Surge in Electricity Bills
by
larry_vw_1955
on 22/09/2024, 03:39:20 UTC

but 2000 s21xp cost about 14 million.

do i want to lay out 14 million to clear 13,200 a day

comes to 4.7 million a year which means more than 3 years to get back the 14 million


i guess it all depends but if your total net worth was 14 million then i'd say you're taking a huge risk if you did that.  Shocked a dumb risk even. i'm not sure it's a good risk under any circumstances unless you have some type of insurance that guarantees you against a loss.

Quote
or sell all of it maybe 600,000 for the s19 gear and call it a day.

if the s19 were paid off the 600,000 is profit.

the way mining is going I rather take the small profit.

smart miner you are.