0 sats \ 3 replies \ @IamSINGLE 13 Sep \ parent \ on: Alex Gladstein AMA - bitcoin and freedom AMA
Do you recover costs out of them? Asking just for confirmation so I can order mine.
I would say I personally am not thinking about home mining like a short term business venture. I'm not sitting here saying I'm going to invest X dollars today and how many dollars am I going to have in two years. I am sitting here saying I'm going to invest X dollars today and will have X kyc-free sats in the future. I think it's also a fun thing today. Very few things will outperform simply buying bitcoin at the market price.
reply
If ever I buy miner, I'm gonna buy them in sats. So dollar shit is out of question. I was asking if I buy some home miner in X Sats, would I be able to recover my sats back?
However, I feel you answered me 99.9% by suggesting to buy Bitcoin at current price.
Thanks you so much
reply
If you buy a home miner with X sats will you recover your sats back. It's possible but could take awhile. Depends on your price of electricity obviously. I think that some of the units now say that in FIAT terms you can get your money back in 18 months but in SAT terms it's anyone's guess
reply