BTC Phteve.Miner Profile picture
#btc mining things... CPA & CRE investor in an alternate life... former E&Y now private family office...
Jan 18, 2022 7 tweets 9 min read
Peep the new #btcmining setup.

One S19 Pro 110Th/s to heat my ~700sf tool storage in MN. Currently 32 degrees outside and keeps 50-55 degrees inside even on cold days.

Total setup was less than $300... except for the ASIC, obv🙃 Found the smallest filter at a DIY store and built the fireproof rated plywood box to fit that. Used sound dampening foam but tbh not sure if that doesn't anything but noise isn't a big concern anyways.
Jan 6, 2022 13 tweets 9 min read
Want a simple way to pump your home #btc mining bags⛏️👜?

Here’s why US mining plebs should consider mining as a business (and not a hobby).

Read on for some high level thoughts from a CPA who mines #btc (also, this isn't tax/legal advice)… AHM is profitable (🖕skeptics) but taxes are often the largest expense after⚡️⚡️. With this in mind, many miners leave a lot of meat on the bone because they can’t deduct electricity, rig costs, etc. for taxes (or anything actually).

So how much meat you ask? Let’s see...