How lucrative is this? Can I even out in a year? I never mined bitcoin before but getting into mining for 150$ is a no brainer starter.
🚀 Mine #Bitcoin at home, get sats straight into your wallet: no KYC, no exchanges.
With lightning, payouts are instant, private & as small as 1 sat.
All you need:
🖥 Miner (Bitaxe, Avalon, etc.)
⛏ Pool (Braiins, Ocean)
💳 Wallet (Alby Hub)
Shoutout to nostr:npub1gvrj8zlxkum8h5y0eu4f2ud2n8zktjn5y7nzqu6uhqqqek2x29zq7z7tfl for the great video!
https://blog.getalby.com/receive-bitcoin-mining-payouts-with-alby-hub/
Discussion
It really depends on your situation. What hinders your profits will be your electricity costs and the price you pay for the miner.
Off the top of my head, it’s not profitable to do this if your cost per kilowatt hour is more than $.10.
Unless you plan on HODL’ing then it’s going to be profitable at some point down the road. Definitely not in the first year.
