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daum3ns 1 year ago
If you had 290TH/s would you tale the risk and solo mine? #asknostr #bitcoin #mining

Replies (13)

Yes. And you could mine to BCH and buy bitcoin immediately. With 290TH you should be getting a few blocks a year on BCH, I think around 5
I solo mine with 10TH/s. So why wouldn’t you do it with 290 TH/s? It’s about decentralization and network strengthening. Right? So don’t mine BCH or other shitcoins
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daum3ns 1 year ago
I am heating my home with mining 😂
daum3ns's avatar daum3ns
Not a single drop of oil needed for #heating in a month 🔥 I'm so hyped! I love that window 😍 (need to clean it, i know) #bitcoin #mining #RY3T When you #mine your own sats with expensive electricity you realize how incredibly cheap you can buy right now... There's a LOT of work in every single sat..
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daum3ns's avatar
daum3ns 1 year ago
Prob not brave enough 😂 With a pool i have a guaranteed income and can calculate at what time the investment is payed off and at what price i heat for free and such things... The only assumption is that bitcoin continues to go up in price.. Then wait a few years and it should be fine... On the solo side it completely depends on luck... Of course if i hit a block this compansates everything.. But in the worst possible case i will have zero after the same time... And still spent a lot on electricity There are soo many factors its extremly difficult to say ...
But you are totally right tho! And I kinda get the reasoning behind it, of course it’s up to you. But man, I love that set up 😀