If you had 290TH/s would you tale the risk and solo mine?

#asknostr #bitcoin #mining

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No

Why not?

Because the electricity costs are very high...

Oh okay, I get that. How did you acquire 290 TH anyways?

Holy shit that’s one hell of a machine!

But why not solo mine?

Prob not brave enough 😂

With a pool i have a guaranteed income and can calculate at what time the investment is payed off and at what price i heat for free and such things...

The only assumption is that bitcoin continues to go up in price..

Then wait a few years and it should be fine...

On the solo side it completely depends on luck... Of course if i hit a block this compansates everything.. But in the worst possible case i will have zero after the same time... And still spent a lot on electricity

There are soo many factors its extremly difficult to say ...

How much did you pay for that machine if I may ask?

But you are totally right tho! And I kinda get the reasoning behind it, of course it’s up to you. But man, I love that set up 😀

Yes. And you could mine to BCH and buy bitcoin immediately. With 290TH you should be getting a few blocks a year on BCH, I think around 5

I solo mine with 10TH/s. So why wouldn’t you do it with 290 TH/s? It’s about decentralization and network strengthening. Right? So don’t mine BCH or other shitcoins

If you had 290TH/s would you take the chance and solo mine?

#asknostr #bitcoin #mining

I have > 25k TH/s up and running and do not solo mine. Should I?