JayLeClay on Nostr: If the cost of a Bitaxe is ~$700 (plus shipping), the breakeven analysis on this is ...
If the cost of a Bitaxe is ~$700 (plus shipping), the breakeven analysis on this is not looking good, even if Bitcoin were to triple by the next halving.
This is a fun hobby project, and one worth supporting, but no one should buy one of these thinking they’re going to make their money back, or make a profit.
Published at
2024-09-10 16:34:14Event JSON
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"content": "If the cost of a Bitaxe is ~$700 (plus shipping), the breakeven analysis on this is not looking good, even if Bitcoin were to triple by the next halving. \n\nThis is a fun hobby project, and one worth supporting, but no one should buy one of these thinking they’re going to make their money back, or make a profit.",
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