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Same thing for me. HW in Argentina don't allow for full SAT ROI. Today we are paying 24USD/Ths for a S19JPro 104. Its better just to purchase BTC and get it over with. Problem is,.. I am a bitcoiner that doesn't believe in fungibility. I want my BTC to stay as clean as possible..
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I often get down this rabbit hole. I always come to the conclusion if I borrow against my stack to buy miners. Most cases it would be better to borrow and buy.