Is solar powered bitcoin or crypto mining a worthwhile venture?

D

Deleted member 33534

Diamond
Joined
Jul 31, 2023
Posts
1,464
Reputation
1,142
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: Deleted member 33534

Similar threads

Nodesbitch
Replies
30
Views
2K
aabb123
aabb123
TrueEveSlayer
Replies
47
Views
3K
Snow19
Snow19
T
Replies
3
Views
398
imabetanumale
imabetanumale
Negus__kaleb
Replies
28
Views
1K
lurker999
L

Users who are viewing this thread

Back
Top