I’m starting to think #BitAxe pool mining actually can be profitable, if you lengthen your time preference sufficiently. Maybe.
One option is the mini-pool/block-party mining endeavors like the one we enjoyed today. We’ll find a block soon enough; just need to stare at our BitAxes with a bit more intentionality.
Math approach: lightly overclock a Gamma to earn ~69 daily sats in a pool with Lightning payouts (nice)…
That’s 25K sats per year. You spent approximately 150K sats on the BitAxe (or around $150 today). Say Bitcoin appreciates 2x over 3 years (75,000 sats at $200K BTC/USD). Hardware cost is now paid for. Another 3 years and you‘ve earned 150K sats (worth ∞ pieces of clown paper at this point in the fiat timeline).
Electricity is negligible — offset it by unplugging your printer when you aren’t using it, or something.
Difficulty adjustments, network hashrate, and hardware improvements/efficiency gains notwithstanding, it’s easy math 😂
In any case, the 69 sats I mined yesterday will eventually pay for my grandkid’s college tuition, so — like I said — just gotta lengthen your time preference.
Thanks to Rigly (npub1t6e…3scu) and heatherlarson (npub1nl8…f9d0) for inspiring today’s #showerthoughts
bostonwine / boston wine
npub14q…e2q26
2025-05-18 00:17:24
Author Public Key
npub14qz92uedt0a8jte8jqg63jr3s5cc99cej36jh883z6tprlu354uqqe2q26Published at
2025-05-18 00:17:24Event JSON
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"content": "I’m starting to think #BitAxe pool mining actually can be profitable, if you lengthen your time preference sufficiently. Maybe.\n\nOne option is the mini-pool/block-party mining endeavors like the one we enjoyed today. We’ll find a block soon enough; just need to stare at our BitAxes with a bit more intentionality.\n\nMath approach: lightly overclock a Gamma to earn ~69 daily sats in a pool with Lightning payouts (nice)…\n\nThat’s 25K sats per year. You spent approximately 150K sats on the BitAxe (or around $150 today). Say Bitcoin appreciates 2x over 3 years (75,000 sats at $200K BTC/USD). Hardware cost is now paid for. Another 3 years and you‘ve earned 150K sats (worth ∞ pieces of clown paper at this point in the fiat timeline).\n\nElectricity is negligible — offset it by unplugging your printer when you aren’t using it, or something.\n\nDifficulty adjustments, network hashrate, and hardware improvements/efficiency gains notwithstanding, it’s easy math 😂\n\nIn any case, the 69 sats I mined yesterday will eventually pay for my grandkid’s college tuition, so — like I said — just gotta lengthen your time preference.\n\nThanks to nostr:npub1t6el40knsq8hmrpr0m6tt3t0tr4pdeyhlt2qelwhgtwawddqx0xsv03scu and nostr:npub1nl8r463jkdtr0qu0k3dht03jt9t59cttk0j8gtxg9wea2russlnq2zf9d0 for inspiring today’s #showerthoughts",
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