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0 sats \ 0 replies \ @newnym 13 Oct 2022 \ on: Worth it to mine? bitcoin
I'm starting to think about mining as a way to "earn interest" on the btc I hold, with a long term view. Basically, I would use the btc I currently have to buy the asics, while continuing to stack sats with the fiat I earn form working.
Thing is, I'm not too confident about the immediate future when it comes to the price of energy and the mining difficulty so I haven't pulled the trigger yet.
Besides, when you host with Compass you sign a 3 year hosting contract.
I'll probably reassess once all the eth miners have stop migrating to btc mining and cause the mining difficulty to go parabolic :)