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Replying to Avatar rev.hodl

Basically, most of the time, when you spend capital on building a Bitcoin mine, it's very difficult to end up with more sats than when you started if you had just hodled or bought Bitcoin with with the dollars instead.

However, there are lots of situations in which Bitcoin mining can benefit plebs and end up with more sats at the end. It's very difficult to accomplish because most mining equipment is not designed for pleb applications, like home heating. So to make it work, one must be ingenuitive and frugal, usually with lots of mistakes and failures along the way up the learning curve.

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crany ๐Ÿ‘ฝ๐Ÿงก๐Ÿ—ฟ 1y ago

using or venting the heat is key for a miner

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BitcoinEagle.dev 1y ago

The cold climate privilage. Nobody needs heat in tropical regions which where more than half of population lives

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