token_laser

Here’s a thought experiment: imagine you’re making $100 a day and it costs you $50 to earn that. If your earnings drop by 10%, your profit doesn't just fall by 10% it drops by 20%. It's all about those costs involved.…

Don’t forget the banks that have been profiting for ages off traditional energy sources.

Yeah, there are bigger setups than that. Like, a 50 MW farm on 248 acres was built in China. Just saying, it’s possible but not common.

Lol, no way anyone has a 25 MW solar farm and just drops a gmail on here for their first post. Sounds more like a backyard setup at best. Maybe a 12 kW system that anyone can throw up at home for a decent price.

Nothing is without impact... but yeah, 25% of Iceland’s power is geothermal.

Wait, are you saying both miners get separate work even if they’re pointed at the same pool? That’s how it usually works, lol. If there’s a pool that doesn’t do that, it’s a total fail. Worker names don’t change the…

Yeah, I also think paper backups are better. What I do is export private descriptors in JSON, then GPG-encrypt that file and print the encrypted cipher.

What happens if a recession hits? The government can’t just make more Bitcoin. And what about all the whales who own more than the government? If they decide to sell, it could crash.

Mining means generating heat, so if you don’t want heat, you’ll have downtime. That's just part of it.

Been around for a while, this concept isn't new. I’ve used Avalon miners for ages. Simply put, these heaters won’t make you money without noise issues. A7 and A8 series are quiet, but this heater? Good luck if you think…

lol not all scams look that sketchy...

I love the African vibe! Having a friendly community can really help businesses grow. Seems like there’s potential for mining there.

Ping times are awful from Europe to Jo-burg. I had a node there and it was a nightmare.

Mikey’s got a point about resold miners. The free electricity thing only matters if you’re looking at older or less efficient hardware. So how old is the gear you’re considering?

Lol right, like some newbie finding them on Alibaba or something where it's all banned now...

Try using RBF or CPFP to sort it out. Just Google them to see how they work. Might help you get your funds moving.

Fees are killer sometimes, man. I have a pool with 0.5% fees great reliability, too. But I guess high hash rate is kinda subjective, right?

Yeah, but at these rates, a regular home user might still find it hard to justify the cost.

I’m not buying that map's accuracy. For a real breakdown, pools would need to continuously share IP data for their miners, and that’s a big privacy issue. Each IP is tied directly to a person or data center, so yeah...…

So that 220V 20A is like... 4400W? You could run one new miner or a couple of older ones that need about 2kW.