#GM fellow plebs, Happy 2025! Looking a little deeper into home #bitcoinmining, given ...

npub1lce…3apw

2025-01-01 16:34:39

#GM fellow plebs, Happy 2025! Looking a little deeper into home #bitcoinmining, given how much I've been hearing about blockchain spam, and the state of #mining pools these days, particularly on the publicly traded side. Coming to the realization that running #knots on my #node is great and all but doesn't actually impact what ends up in the final blocks unless really nearly everyone is using it (please do, if only to avoid bogging down your own hardware with #ordinals, #runes, and other spam). Looks like with my $0.25/kwh power costs, I'd be spending about $2.70 a month to bring in 1,560 or so sats with a #bitaxe Gamma at current difficulty, which seems like while I'd of course be better off just buying the sats from a purely monetary standpoint, it's also not pure charity given that a simple 2x price move would put me just about in the black, at least in terms of the power costs for sats mined. This is all calculated a bit roughly looking at the 2% fee for #oceanpool and of course not incorporating any difficulty adjustment factors. Still, for a preliminary look, it's not looking to be as much throwing money into a fire as i was expecting for some #Bitcoin home mining. Anyone got any tips on factors I'm leaving out, or information that might persuade me or dissuade me from further looking into mining at home? #asknostr

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npub1lcetwt8hcd9gagdytu4e35ufykxek0elfvx8q3spugmgj9x0ev0q363apw

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2025-01-01 16:34:39

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