Ericonomic
Ericonomic

@ericonomic

14 تغريدة 2 قراءة Jan 03, 2024
Bitcoin mining and other crypto have been one of the best web3 businesses.
However, many people think that it is NO longer profitable and that mining from home isn't possible.
Is that really the case? Can a normal person mine from home profitably?
Let's dig in.
🧵
The cases I'll present are entirely real and are based on what it would cost to have the miner operating in a typical apartment with standard installation.
For more sophisticated or complex installations, the price could vary.
These installations are based on the assumption of being fully adapted to a typical apartment, meaning with soundproofing, ventilation, and adaptation of the electrical installation.
Fully adapted to a standard house.
It's also important to note that the profitability calculations are based on the current difficulty and the current price of the asset being mined, so the mid-to-long term calculations will not match what is presented here.
▶️ Example 1 - Bitcoin
> Miner: SJ19 PRO+
> Power: 120 Th
> Price: $2330
> Complete Installation: included
> Electricity for 1 month: $250
> Revenue for 1 month: 0.00904301 BTC + BTC Fees
> Months to break even: ~10 months
▶️ Example 2 - Litecoin
> Miner: Antminer L7
> Power: 9.5 Ghs
> Price: $6865
> Complete Installation: included
> Electricity for 1 month: $220
> Revenue for 1 month: $519
> Months to break even: ~12 months
▶️ Example 3 - Kaspa
> Miner: KS3
> Power: 9.3 Th
> Price: $19,975
> Complete Installation: included
> Electricity for 1 month: $250
> Revenue for 1 month: $2,838
> Revenue for 1 year: $34,060
> Months to break even: ~7 months
▶️ Example 4 - Kadena
> Miner: Antminer KA3
> Power: 166Th
> Price: $4360
> Complete Installation: included
> Total Cost: $4360
> Electricity for 1 month: $250
> Revenue for 1 month: $643
> Revenue for 1 year: $7,720
> Months to break even: ~7 months
As can be seen, currently, the most profitable to mine would be Kaspa and Kadena, with the equipment and installation breaking even in about 7 months.
With that said, we can assume that, indeed, any individual can profitably mine from their home.
Now the tricky part: how do you purchase a miner with guarantees and all the advice needed to get the installation ready?
There are many options, but one company that seems to be doing well is
bitmainer.io
Bitmainer advises you from start to finish to ensure your installation is perfect and guarantees fast shipping, so you don't have to worry about customs issues or excessive delays.
They also offer advice for installations in other types of establishments.
Their price includes advice on machine selection, electricity tariffs, contracting solar panels, and anything else necessary for the installation.
You can view the prices from here:
bitmainer.io
If you use the code ERICONOMIC, you'll receive a $50 discount on orders over $499 and a free 15-minute consultation to answer any remaining questions you might have.
This thread is a collaboration with Bitmainer.
I hope you found it helpful.
Best regards!

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