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0 sats \ 1 reply \ @klk OP 10 Jul \ parent \ on: The Reality of Hosted Bitcoin Mining: My S21 Pro Experience bitcoin_Mining
No. The electricity price with sazmining is great. But there's a ~20% import tax/fee that you wouldn't have in UAE. So more or less equivalent after all. Still, I think depending on others for mining is not cool and sets weird incentives.
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25 sats \ 0 replies \ @Catcher 10 Jul
Well, if you are sending the rigs to DC, you are still relying on others, but I get your point. I'm playing with the idea of low cost miner from 2023 that can get you KYC free sats at blockware solutions, something like 200k sats for miner that brings you 160k sats a month for 160USD hosting costs. Seems like same like DCA, but KYC free and if the price appreciates faster than hashrate you can still benefit. Maybe I try it and post about my experience here
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