Is good idea taking loan for 3 months in fiat with good interest rate to buy 55.2 TH btc miner for 2248$ with electricity pre-paid in that price for 12 month?
My strategy would be mine to hodl on some pools like braiins and that loan I’ll will payoff in fiat from job 🧐
Still thinking how to short that useless paper money even more xd
Picture for the attention 🫡
Thanks for any opinions ❤️🩹 
NO.
just buy the bitcoin. These pre-paid Miners are always a ripoff.
It's even tied to real hardware via contract. Actually, these guys are from my country, so it's a lot safer than some cloud mining bullshit.
Nechceš se zeptat spíš v jednadvacet?
Teď si vůbec nejsem jist jak to myslíš, ale já mám kontrétně namysli toto-
Vyskočilo to na mě u kicoma a vypadá to slibně 🤩
Konečně nějaký projekt co nevypadá jako rugpull a muže “tezit” i IT antitalent jak já 🤣
Idk what would I do when my expensive miner will broke at my home as a non tech guy.
There would be better to stick with IT guys like this for me maybe.
Also they are buying containers in Texas for example. There is a lot of cheaper energy then in my home.
But I need to think about that more.
Thanks for your opinion G 🙏
Check-out this: https://stacker.news/items/47539 maybe it's better to just buy BTC?
Unless you have an edge, like super cheap electricity, it's always a good idea long term to just buy Bitcoin.
Mining is super competitive business with right margins and a lot more risk than just buying BTC. It's best left to the entrepreneurs who specialize in it because they have an advantage most people don't have.
100% just buy bitcoin, use self-custody, and wait for 📈🔥🚀 …
Use this and make your own research:
Or change your mindset and support the decentralisation of bitcoin mining. Get a miner you can afford and mine alone or in a pool where you know what you're mining.
(Sorry, it's in Czech)
Deffinetly im going to homemine on some simple devices like new Braiins Miner, but im kinda afraid of destroying some expensive hardwares just bcs of me.
Thats why im interested in projects like Veribi (věříme bitcoinu).
We will see where these dudes end 🫡
Thanks for your opinion sirr, im going to read that substack soon as i can 🔥
The whole idea of bitcoin is rooted in an ethos of independence and sovereignty. Hold bitcoin yourself, on your own wallet with your own private keys, run your own node, and verify the transactions and the validity of blocks yourself... And therefore also confirm transactions and search for a new block independently of the rest of the network. All of this is impossible without learning how to use a HW wallet, operate a HW node or miner. No need to worry about damage, they are quite resilient. Plus, one gets a lot of experience that nothing else can replace.
Sirr, i allready mentioned twice that i specially think mining hardware aka asic miners.
All what you want to tell me im allready doing, im just scared of big miners and their chipsets for example.
Ofc that im using my Trezor Safe 3 Bitcoin only edition connected to my electrum node, but to be honest, thats kinda different level of “IT thinking”..You dont need that much skill and code to know run your hw with elects then how much you need to know to be for example “Node router” or that “ Btc Miner”.
You neee to do a lot of more complex thinks that can go wrong by lot %.
Thats why i like simple little miners like Avalon nano, BitAxe and Braiiins miners. They will be enought for me to home mine, but im still interested in that idea of Veribi, its seems more like pool to me.
Btw with this ethos you mentioned, you not agree with pool mining too?
Thanks for your time Kubo.
Veribi or 2Bminer and others are services that offer a share of the bitcoin mining revenue for a fixed cost and payout of that share in bitcoin. If you're lucky and the price of bitcoin goes up, you'll make a profit. Probably less than if you bought the bitcoin directly for that fixed cost (my opinion). It's essentially a financial investment very similar to buying dividend shares in a gold mining company. If you're lucky, you'll make a profit. You won't get personal experience in gold mining or bitcoin mining.
Pool mining is OK from my point of view, assuming you control your mining equipment and can choose the pool and change it if you are not happy with it. By that I don't just mean its performance (luck) and fees, but perhaps also its approach to collecting transactions, etc. From this perspective, Veribi service is not comparable to pool mining, because you can't control either.
Regarding the fear of big miners. It's basically the equivalent piece of HW as a powerful gaming PC. The design is simpler, the software is also simpler, it generates a bit more noise and heat. When it breaks, there are companies that can fix it. No need to be overly respectful.
Wow, that PC point may have opened my eyes 🙏
Thank you so much for taking the time with this long reply.
It actually makes sense, maybe I'm just too scared by nothing
😅
If the miner is in the hands of someone else stay far away. Scam shit
Thanks, ill took that on my mind.
Yo guys were right, insted of this i set uped 10x of change (drobné in czech, idk how to translate it to eng)..When i pay with my card for daily needs, it will buy btc to revolut acc and after 0.01 it sending to my HW).
Set uped fear of greed DCA to my HW wallet with stosuj.cz site again, back in the days i was using dynamic DCA with 10x. FoG seems better indicator to me to stack more for less.
Thanks yo all, that's why i ask rather to emotion buy.
#Bitcoin #Nostr
nostr:note1tn0yd070fprcdvyu80uhcsl9gxp78hkj0lnvkc7ghd5gf2uj5kxqal07l7
If you are looking for a good investment, just buy bitcoin. Bitcoin mining on a small scale is not profitable relative to Bitcoin and getting exponentially less profitable. In 4 years you will be very happy that you just bought and held the bitcoin.
But i got free electricity, so every hardwere that can mine is worh to plug for me, so maybe im not going to take loan for house mining in texas insted of ill take loan to some big miner for myslesf.
I get it right thats its worth bcs im not paying electricity?
Sad that i cant connect these cpu miners to braiins pool, would like to make collection of old phones that runs cpminer-multi and let them run in my job with pays in satoshi. This loterry im doing on Public Pool is kinda boring 🗡️
If you have free electricity and own the miners already, definitely go for it! If you have to buy the miners, you have to do some really sophisticated forecasting to determine what will happen if you invest in miners and how much BTC you will have at the end of say 5 years. My guess is that you win big by just buying BTC.
Thanks for your time with answering G 🙏😘☯️
