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Recently mining btc just doesn't feels even profitable.
First of all what are the prices of hardwares they do not look real. First shit if u mine low btc it is just going to be a loss as electricity bills gonna eat anything u mine.
People prays to God for good luck but btc miners prays to btc itself pls lower ur price today I need to mine some btc 😭💀
Don't even think about mining speeds like Kh and Mh/s u gonna be in debt and ur girlfriend enters the room and ask why the room is so hot- and tells masterbation ain't right 💀🙏.
11 sats \ 1 reply \ @freetx 2h
Recently mining btc just doesn't feels even profitable.
Most of the new mining in US is due to "bonus depreciation" IRS rules. Direct profitability of mining is not the sole criteria for miners anymore.
As long as total returns over a 3 year period + residual value of miners is greater than current year taxes the situation will continue.
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Exactly it is like now no daily profit thingy u gotta wait for 3yrs for the final taxation and bonus depreciation is just crazy
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