Exploring the Future: Crypto Mining on the Decline?

crypto mining


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About the Author: Mike Izzo

19 Comments

  1. Hi, I am really struggling to understand how do you come up with electricity price of 0.05/kwh. I looked nationwide and could not find any state less than 11 cents. I live in MI, and it is 19 cents, so people will lose money not make money (3400W machine will consume 3.4*24*0.19= $15/day. So if the machine generates $17, this means you are making $2/day. You have to pay taxes and machine prices, so is it really worth it?

  2. The price on asicmarketplace is directly to your door. BUT.. when in europe and not being a business you do have to pay import tax and vat. but it seems they lowered the value so it was only 34 Euro. (thing i bought was 549€)

  3. Getting an M60 online ASAP is one of the best moves, even though they are $4500 (from hina including shipping maybe $75 less), you make back like $700 in bonus profit before the halving. Consider it like an s19 90t is performing right now – these will get REKD post halving even with a 50% increase in BTC price. M60 170t is the best way to go right now if someone has the money to invest.

  4. curious if 20 minutes to stabilize is enough, I feel like the M30 range could use like 40 min to find a stable hash. they are goooood machines in general, stop telling ppl!

  5. BTW did you use 5c for the electric rate? What would it be at 15c or hosting rate at 9.5c, I want more miners but all of my 7 locations are max out, I need hosting or A big warehouse with tons of cheap power lol.

  6. THM I have been keeping an eye on this miner since last month, it’s actually listed on what to mine under the Miners tab, they state 172Th in normal mode at a lower power, but that could be based on lower temps, awesome review great to see some real world status.

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