I've been looking at diving into BTC mining for a while now. I have rigs for altcoins but not BTC. With these SP20s in my home, where I pay $0.10 / KWH can I profit at today's price? Or do I look at this a n investment, hoping the price of BTC rises long term?
OR
Should I stop looking at the price of BTC in USD and just worry about amassing BTC?
Vague I know, but want to know what you guys think.
Thanks.
At 10c electric, you are looking at 6.6 months to breakeven if the difficulty never rises (it may be static at the moment but lots of new hardware will be out before long), and that doesn't include the PSU if you need to buy one.
Use that as a starting point for YOUR decision as there will be plenty of varying opinions of what to do.
Thank you. I'm going to get one and let it mine, hoping for future payback on the price rise. I could just buy 3 BTC and sit on them but that is boring for me.