Just curious, but are your power/heating bills so high that it justifies at home mining? My power bill runs an average of .35 per kilowatt hour (average across the USA is .16 per kilowatt hour, so mine is double that of most) so I have my miners hosted and use a wood burning stove to heat in the winter and our evenings cool off enough in the summer months that I just open all the house windows overnight and close them in the morning and it stays nice and cool in the house all day. No need for the AC. We average 95 degrees in the summer.
Discussion
That is my exact scenario 🫂
I'm at .075 per kilowatt hour where I have my machines placed. Yes, I would love to mine at home in an outbuilding in a noise proof room but it makes zero sense for me.
It’s definitely more expensive to heat with electricity using miners. I had natural gas heating before, shifting to electric increases the bill a lot. But my general electricity price isn’t terrible and the sats I make more than cover the difference. After accounting for the #Bitcoin I earn im about 90% certain my cost basis is a good chunk lower than natural gas. I haven’t done the math to confirm, but I’ve been surprised at how much I’m getting in sats.
After a few months I’ll have more concrete data on everything and I’m going to do some sort of breakdown in video or a write up.
Great. Looking forward to your breakdown once you have all your data.