COST OF MINING BITCOIN or any other coins/tokens
1 ELECTRICITY - there are countries that has cheap electricity but mostly it is expensive.
2. maintenance - mining is very maintaining deed in, you also need to keep the miner in a cool place.
3. noise - you need to be in a very private place to keep the noise out of the public.
4. PRICE - bitcoin price is not good to mine now.
Great perception. But, I have a new version of it.
1. Electricity - my county electricity supply run from a private company, that's why it is more expensive. So, we have to find alternative electricity supply like solar power.
2. Maintenance - Yes, keep your units in a cool place but it is hard to find in my country. So, we take the advantage of planting more solar panels near the are with more power supply and created a ventilation in our place. By that way, we keep the place cool.
3. Noise - Why would we keep it in private? What's the point in keeping it private? My place is in public and everyone knows it. And for the record, no one has tried to disturb me.
4. Price - You think it is not good? Well, you're wrong. It ks better to mine bitcoin as of now. You are like preparing for the big comeback. The more you mine today, the more profit you will have tomorrow.