Is solar powered bitcoin or crypto mining a worthwhile venture?

bigchunguslover

bigchunguslover

Platinum
Joined
Jul 31, 2023
Posts
1,241
Reputation
878
Is it worth it or is crypto a dead end?
 
Solar is extremely costly up-front but once it is setup it can very well be worth it since you will be mining for free (aside from your maintenance costs), and then you can use the profits from your operation to keep buying the latest ASIC miners.



I'm not a fan of mining though because you have to constantly replace your ASICs with the next latest and greatest one that outperforms the prior (literally every 3-4 months), turn everything off during bear runs, deal with machines potentially malfunctioning, heat management, electrical management, etc.
 
  • +1
Reactions: bigchunguslover

Similar threads

Acion
Replies
12
Views
1K
bourgeoizyzz
bourgeoizyzz
noodlelover
Replies
5
Views
775
Nazi Germany
Nazi Germany
Baban
Replies
38
Views
7K
Shahnameh
Shahnameh

Users who are viewing this thread

Back
Top