Guys, please tell me again how this all won't end bad?
>someone says something stupid about btc
>therefore btc and all of crypto will crash
>>3434280
it takes like a year though
>>3434280
$400 is the cost to make $4200 worth of Bitcoin...what are you complaining about?
>>3434280
>what is forgetting hardware costs for $100?
>>3434299
How about in China, where resources to mine are plentiful and electricity is dirt cheap?
>>3434280
Eth was only $7 power when it traded at mid 300s in june and you could mine 3 a month with a 2k rig.
>factory costs X
>resources cost Y
>finished product sells for Z
Problem?
What if it costs me 0?
What if i've invested into a solar farm years ago and it's already paid itself off, and I hook it up to a mining operation.
>?????
Profit?
>>3434311
you know how difficulty works right? and besides theirs a limit to how many bitcoin can be made
>400 USD of electricity on a 4000 USD asic miner
>>3434463
since you only investet in a solar plant and not a server farm you will have to buy the equipment
that will take you back atleast 300k if you want to be serious about it
so the first 2 years you shouldn't expect any returns what so ever
>>3434280
This is why POW crypto is retarded.
Fairport burns trash for that cheep alternating point charge.
dont be a fucking idiot and just buy some neo and hodl