If you had 290TH/s would you tale the risk and solo mine?
#asknostr #bitcoin #mining
If you had 290TH/s would you tale the risk and solo mine?
#asknostr #bitcoin #mining
Why not?
Because the electricity costs are very high...
Oh okay, I get that. How did you acquire 290 TH anyways?
I am heating my home with mining 😂
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 ...
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?