Is solar powered bitcoin or crypto mining a worthwhile venture?

bigchunguslover

bigchunguslover

Diamond
Joined
Jul 31, 2023
Posts
1,463
Reputation
1,132
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

Negus__kaleb
Replies
28
Views
1K
lurker999
L
got.daim
Replies
52
Views
3K
sillybilly
sillybilly
JeanneDArcAlter
Replies
29
Views
1K
True truecel
True truecel
$Abomination
Replies
2
Views
259
catluvr9374
catluvr9374
_MVP_
Replies
10
Views
1K
anonp
anonp

Users who are viewing this thread

Back
Top