Thread

No

Why not?

Yes. And you could mine to BCH and buy bitcoin immediately. With 290TH you should be getting a few blocks a year on BCH, I think around 5

I solo mine with 10TH/s. So why wouldn’t you do it with 290 TH/s? It’s about decentralization and network strengthening. Right? So don’t mine BCH or other shitcoins

If you had 290TH/s would you take the chance and solo mine? #asknostr #bitcoin #mining

Because the electricity costs are very high...

I have > 25k TH/s up and running and do not solo mine. Should I?

Oh okay, I get that. How did you acquire 290 TH anyways?

I am heating my home with mining 😂 nostr:nevent1qqsguvmcs0cyjl4ezwpmnm8fvxm0fnqtay4ydt3km67gy0lxss4nlngpzamhxue69uhhyetvv9ujuurjd9kkzmpwdejhgtczyqn2q2stymzn50rcya7pvjg6ff48t4m4gtkzn0mncusn4gs9f5y5jqcyqqqqqqgpsj6sw

Holy shit that’s one hell of a machine! But why not solo mine?

Prob not brave enough 😂 With a pool i have a guaranteed income and can calculate at what time the investment is payed off and at what price i heat for free and such things... The only assumption is that bitcoin continues to go up in price.. Then wait a few years and it should be fine... On the solo side it completely depends on luck... Of course if i hit a block this compansates everything.. But in the worst possible case i will have zero after the same time... And still spent a lot on electricity There are soo many factors its extremly difficult to say ...

How much did you pay for that machine if I may ask?

But you are totally right tho! And I kinda get the reasoning behind it, of course it’s up to you. But man, I love that set up 😀