pull down to refresh

0 sats \ 2 replies \ @alt 23 Nov \ parent \ on: How can i setup a bitcoin miner? bitcoin_Mining
This take only makes sense if you're mining for immediate profit. There are other reasons to mine.
write
preview
this territory is moderated
0 sats \ 1 reply \ @SwapMarket 23 Nov
Like what? Cheaper to just buy BTC in most countries.
reply
0 sats \ 0 replies \ @alt 23 Nov
People might consider mining in order to get KYC-free sats. If you hold for long enough, the premium you pay for them today by mining could be recovered through Bitcoin's price appreciation.
There's also the option of mining for heat generation. If your home is already heated with electric heaters, it will be more cost effective to heat with mining.
Then some people aren't mining for financial reasons, they might do it as a hobby, or they might mine at a loss in order to help keep mining decentralised.
reply