traderJ on nostr

@asknostr

I was just watching a guy on YT talking about the returns on mining bitcoin. Without giving personal and specific info…can anyone tell me it his quoted 30% ROI is the norm, or a pipe dream?

I mined in ‘12 or ‘14, and what I earned never approached paying for electricity or the mining hardware.

Taylor P. · 21w

“It’s complicated” is the cop-out answer, but it’s also true. I’m currently working for an industrial-scale Bitcoin mining company, and their ROI is closer to 3%. But they’re at a scale where 3% is still looooots of money. My home mining is -infinity%, but I do it mostly for the learn...

sperry · 21w

Imagine what the value of what you mined back then is worth now.