Subnostr

Saw a new miner being pitched at BTC Prague and did a quick calculation. With 1 TH/s at 40w and at $0 cost for electricity it's making ~ $1.38/month for €225. Meaning the ROI is 13.58 years (assuming that the difficulty doesn't increase)

BottleTeams 1y ago

That's in dollar terms. Sats are worth way more so either electricity is mispriced or the dollar is mispriced.

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Discussion

TheGrinder 1y ago

The electricity was priced at ZERO, else there is no ROI for that machine.

BottleTeams 1y ago

In my mind anything that generates sats is positive ROI.

TheGrinder 1y ago

you're better off buying sats right now for that €225. 81 sats/day if you can run it for free wont make you happy.

BottleTeams 1y ago

I'd agree. So somewhere in that equation something is mispriced. S9s basically cost 0$. They are negative after power. I think if we have a free market (btc is not a free market) anything that generated sats would be +ROI.

TheGrinder 1y ago

I'd say the hardware is mispriced. The calculation is sound.

TheGrinder 1y ago

but you can price it in sats. ~0.00000081 BTC/Day again assuming that difficulty does not increase in the next 13 years