Damus
rev.hodl profile picture
rev.hodl
@rev.hodl

Those that say home mining isn't profitable aren't thinking about the yields home mining can offer. Owning and operating Bitcoin miners at home is like buying transaction fee insurance. Another undiscussed yeild of Bitcoin mining for pleb miners. As fees go up, my miners yeild more sats for the same work they do providing me heat to dry my laundry, dehydrate my produce, heat my home, ect. All while keeping the network decentralized, and participating kyc free.

#bitcoin #bitcoinmining #homemining #plebminer

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wil · 153w
We need an e-course for permies. I’d promote it for you
The Beave · 153w
I'm still waiting for my S9 to arrive.
henq · 153w
But a heat pump has a COP factor of ~4, and a miner of ~1. So the two should be combined.
Otis Bitmeyer · 153w
My calculation for mining profitability takes the following into account: 1. Value of heat recovered 2. Current and future value of block reward 3. Value of non-Kyc sats 4. Value of satisfaction in participation in securing the network For me profitability is not exclusively calculated in monetar...
American Remnant · 153w
Your home mining will always cost you more than normal stacking rails unless you are getting very cheap energy....0.04 per kwhr total bill.
nobody · 153w
100%
bevo · 153w
💯
Jdwagner17 · 153w
I’m curious how much it costs to have a 5000 watt solar homestead setup. I’ve met some people that have paid someone to install one for them and the cost blew me away. Ballpark of $10k -$25k without much for batteries. I don’t know anyone personally that has worked through it themselves.
deleted · 153w
fucking 💯 . This high fee nevoronment has changed my perspective on plebs interfacing with mining, we have to all be in on this part of the cycle as a producer not just a user. You dry your clothes ? Is it hooked up to a dryer ?
Dr. Hax · 153w
Any suggestions on a model that is not loud AF and cheap to buy? The noise is the main reason I know people don't mine at home, and up front cost isba close second. What should I tell people to look at?
chancellor · 153w
I would are that it isn't profitable. Profit implies selling and your sell your bitcoin. You mine an amount that you don't need to sell. Most working people can choose mine an amount that doesn't affect their lifestyle if they don't spend on things they don't need.
annica · 153w
💯 anyone who needs heat should consider Btc mining. Win win win
The Bird · 153w
I need to learn this
jpc_BTC · 153w
Running three S9’s, underclocked with fan upgrades, as space heaters. We have a natural gas furnace and I calculated at my current rates for gas and electricity it is 3 times for expensive to heat with electricity. There is the benefit of some non-KYC sats, and setting back the temperature on t...