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A thread on if #BTC #mining is for you. I mine through @compass_mining and can provide real world averages on TH/s numbers with downtimes, electricity outages, pool fees, maintenance, etc.
With my machines, I use @f2pool_official and average .00000483 #bitcoin per each TH/s per day. So a 96 TH/s machine averages .00046363 BTC per machine per day. A 100 TH/s machine averages .000483 BTC per machine per day.
If you started mining on August 1, 2022 with a 110 Th/s machine (taking into account an estimated May 4, 2024 halving), it would take 3123 days to mine 1 bitcoin. 8.77 years. 105.24 months.
*my model does NOT take into account future increases in network difficulty.
*my model does NOT take into account future increases in network difficulty.
1/n Today we became garage band miners, @Alex_Hardeland!
#SlushPool #Antminer #KryptoNor #Bitcoin
Isn't it beautiful?
#SlushPool #Antminer #KryptoNor #Bitcoin
Isn't it beautiful?
2/n I used to think bitcoin mining was just for institutions. Huge thanks to the freaks @Diverter_NoKYC and @econoalchemist for teaching me otherwise. Check out their articles below for a deep dive:
diverter.hostyourown.tools/mining-for-the…
econoalchemist.com/post/home-mini…
diverter.hostyourown.tools/mining-for-the…
econoalchemist.com/post/home-mini…
3/n This is our prototype project. In addition to earning us extra income (not that we will ever sell!), it will serve as a test facility.
Next up: utilize the energy byproduct to heat homes!
Next up: utilize the energy byproduct to heat homes!
