Interesting way of looking at it. I'm mining for heat as a hobby, with an S17 and an S9... they're efficient heaters and there's the novelty of few sats reward each day. But yeah, it's like gaping wide arbitrage between what I can buy with failing fiat (the anomaly) and the real cost of grinding out sats through mining (the enduring reality). It's like there's a tear in the space-time fabric and we get to play in it for a few years.
Not a single drop of oil needed for #heating in a month 🔥
I'm so hyped! I love that window 😍
(need to clean it, i know)
https://video.nostr.build/1be6d2c257b238d27fb1dab6bcb7ed46e6ba0e36e010832d0b3e3c2d03332c76.mp4
#bitcoin #mining #RY3T
When you #mine your own sats with expensive electricity you realize how incredibly cheap you can buy right now...
There's a LOT of work in every single sat..
Discussion
Do you ever lottery mine solo?
I defaulted to braiins pool but maybe the CK Pool would add some excitement.
Definitely! You'd pay a fee if you won though. Maybe try nostr:nprofile1qqs895xjuvy0dwh0s4z30cm6ad0njhpltcw9hec7vd43j6t644zevdgpz4mhxue69uhkummnw3ezummcw3ezuer9wchszrnhwden5te0dehhxtnvdakz7qg4waehxw309aex2mrp0yhxgctdw4eju6t09uutd86g
Oh I was thinking about this a lot.. If i would find a block the invested money would immediately be paid off...
Exactly.. I mean in the end, in a few years it, doesn't really matter because i pay the electricity with failing fiat too 😂
Bit i have this comparison of work that is done for the sats i get with heating.. I mean its crazy it heats all the house and hot water..
Imagine the total hashrate of bitcoin and you have a fucking volcano 🔥