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RE: Mining Bitcoin at Home: Week 7 Update
Upvoted and followed, So give or take not counting the electric it seems to be paying out pretty good. So in your opinion is it profitable?
Upvoted and followed, So give or take not counting the electric it seems to be paying out pretty good. So in your opinion is it profitable?
Yes, my electric costs are essentially zero, because they are included in my monthly rate at a flat rate, whether I'm mining or not. I will consider this operation profitable, once I have earned the amount of bitcoins equal to – or greater than, obviously – the amount I paid for the miner. Which hopefully should happen in a few months, barring the miner's catastrophic breakdown or other unforeseeable and drastic circumstances.
Sweet, I am starting to save up a few dollars here and there in hopes I can start mining, might start GPUs first since they can be cheaper, and ATM I pay electric.