That US$ 0.05 electricity price is hard to come by now. If I recall correctly Compass is charging at least 0.07 on their cheapest locations. 

newnym

I keep landing on the idea that I should just keep smash buying spot Bitcoin instead

If your goal is maximizing your BTC stack, keep in mind that only a few brief times in bitcoin's history has an investment in bitcoin provided positive ROI in bitcoin terms (i.e., where 1 bitcoin invested in mining (CapEx spend) returned more than 1 bitcoin in BTC generated, less OpEx).

S19j Pros that were selling for $10k a year ago now only profit $3 - 3.50 per day with 5¢/kWh power.

It takes 2,857 days to make $10k with $3.50 per day of profit.

https://twitter.com/dfrumps/status/1580573433360191488

Of course, an S19j Pro sells for a lot less today though.

bitcoin

Worth it to mine?

NEEDcreations

> I keep landing on the idea that I should just keep smash buying spot Bitcoin instead

If your goal is maximizing your BTC stack, keep in mind that only a few brief times in bitcoin's history has an investment in bitcoin provided positive ROI in bitcoin terms (i.e., where 1 bitcoin invested in mining (CapEx spend) returned more than 1 bitcoin in BTC generated, less OpEx).

> S19j Pros that were selling for $10k a year ago now only profit $3 - 3.50 per day with 5¢/kWh power. 
> 
> It takes 2,857 days to make $10k with $3.50 per day of profit.
>
> ![Table: Profitability of Popular SHA-256 ASICs](https://i.postimg.cc/xj6sNDBn/image.jpg)

https://twitter.com/dfrumps/status/1580573433360191488 [[Nitter](https://nitter.it/dfrumps/status/1580573433360191488)]

Of course, an S19j Pro sells for a lot less today though.