Mining BTC vs Dollar Cost Averaging

hey everyone, I've been analyzing this model and want to hear your thoughts. I'm interested in mining BTC but honestly, the numbers just don’t seem to work out for me. My goal is to get as much BTC as I can for the least amount of cash. So here's what I'm looking at for a 2-year period.

Option one: - Spend about 50k on S19s 110th (that means 7 units for me, in AUD) - Energy cost is 0.16c/kw - Monthly energy bill would be around $2784. - So, hash rate would be about 770. In total, over 24 months, I’d be spending 50k on the rigs and another 66,816 on energy.

If you check this out, you'll see there’s a lot to discuss here. The costs of gear and the reality that miners can break down make it a tough choice. Plus, small miners are really struggling now. Just something to think about before jumping in.

I get that, but honestly, most comments here are from folks who probably haven’t even touched mining gear. There was a more informative thread somewhere around here... I'll try to dig it up. But yeah, OP, it’s a tough question and honestly, no one has a crystal ball.

Seems like you want to figure out which option, mining or DCA, is more profitable in the long run. I'd say both have their merits, but it really depends on how you look at profit. A lot of miners do it for the love of it, not just the cash. Think about what you enjoy more before deciding.

It’s been said a million times: investing and mining are totally different vibes. They come with their own risks and rewards. Some folks like apples, others prefer oranges. Just pick what fits you best.

Option three: - Throw 50k into BTC right now (that’s around 1.7 BTC at today’s prices) - Use the remaining cash for DCA or buy in chunks when the price dips. With this plan, you could stack more than 3.41 BTC in two years, plus it shields you from major price drops.

Honestly, mining keeps you mentally steady during price dips, especially if you have cheap power. You can still earn a bit even when the market’s slow. Plus, fewer miners out there means you can build your BTC stash over time.

16 cents per kWh? That's not great for mining BTC anymore. It used to be decent, but now it feels like a losing game.

Was it ever a good idea? Honestly, anything over 10 cents feels risky. Before the China ban, miners were paying much less, like 4 to 6 cents. Now, big US companies are claiming rates as low as 3 cents.

If your mining calculator says you'll get 2.15 BTC in 24 months, remember that’s not necessarily what you’ll earn from the pool. Different pool payouts exist, and many miners get rewards from both block rewards and transaction fees. You really need to understand how those payouts work.

Thanks for all your input, everyone. Really helpful stuff. For me, I just want to stack more sats. I’m not in it for fiat profit. Better to just buy BTC outright than deal with equipment and rising energy costs at 0.16c.

Hey anz888, I’ve got a facility in Southeast Asia. Wanna chat for details? I think there’s a better way to look at these assumptions.