Is it a good time to start a bitcoin mining company? Why or why not?
Asking for a friend. I have my opinion/ideas but think other voices would be more helpful.
#asknostr
Depends on how cheap you can get your electricity
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Is $.08 per kWh or slightly less still viable?
That's not bad for starters. You would have to work power deals with local companies, demand response. The largest are sub $.04 kWh.
Usually miners have some sort of edge by owning hydroelectric dams, great location or something.