mike on Nostr: “before it became uneconomical” means it was economical, then it wasn’t. If I ...
“before it became uneconomical” means it was economical, then it wasn’t.
If I were solo mining that would mean I’d have won a block, in which case I could solo mine on the same machine for the rest of my life before it became uneconomical 😂
7 BTC (6.25 + fees) (before April 20th) at approx $50K per BTC = $350K
$5 electricity per day = $1,825 electricity per year.
= 191 Years of mining before making losses.
Published at
2024-09-09 07:24:05Event JSON
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"content": "“before it became uneconomical” means it was economical, then it wasn’t.\n\nIf I were solo mining that would mean I’d have won a block, in which case I could solo mine on the same machine for the rest of my life before it became uneconomical 😂 \n\n7 BTC (6.25 + fees) (before April 20th) at approx $50K per BTC = $350K\n\n$5 electricity per day = $1,825 electricity per year.\n\n= 191 Years of mining before making losses.",
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