There is no definitive answer.
You are going to consider the type of miner you will buy and run, also have in mind that the network hash rate keeps changing, so what the mining profit calculators are showing you right now could be completely different in a couple of weeks. The Bitcoin price over time will also matter if you are to look at the returns in fiat value.
Topic: I have cheap electric, wondering if mining is now something that I can do profit - page 2. (Read 382 times)
August 01, 2023, 06:46:47 PM
August 01, 2023, 06:38:42 PM
So I can now get my electricity for $0.05 per KWh. This is a new opportunity that has landed in front of me and I have the capital to invest a decent chunk into this. I was wondering if it is currently profitable to be doing it from scratch whilst paying the price listed above.
I've done a lot of research throughout reddit and toyed with some of the calculators but thought I'd post with my actual situation to see what other people thought.
Thanks for the time and hopefully I haven't broken any rules posting this!
I've done a lot of research throughout reddit and toyed with some of the calculators but thought I'd post with my actual situation to see what other people thought.
Thanks for the time and hopefully I haven't broken any rules posting this!
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