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31 sats \ 2 replies \ @siggy47 OP 9h \ parent \ on: My Impressions Of The Canaan Avalon 3S Miner bitcoin_Mining
I'm not really keeping track, but if you check that link I included in the post they are giving a minute by minute update on the profit/loss based on an average cost of electricity. I think it's just below break even right now. BTC fiat price is of course the deciding factor.
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36 sats \ 1 reply \ @LibertasBR 9h
So the main benefit is helping the network become more decentralized. Plus, you get to have a great machine at home that, even if it’s not making a profit, doesn’t bring too much of a loss.
What else can you do with it? Can you use it as your own Bitcoin node? I’m not very familiar with mining.
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0 sats \ 0 replies \ @siggy47 OP 9h
No. It's just a miner. And a hand warmer😀
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