10 sats \ 3 replies \ @notgeld 24 May 2023 \ on: Have you used hodl hodl for borrowing against your stack for mining? bitcoin
No. In the best case you will have 0 APR, albeit with equipment. Mining is very-very competitive. Use just savings may be to buy miners.
I read you. I know discussing price among bitcoiners is a buzzkill BUT, for bitcoiners thar also happen to mine,.. price is of the essence. So what you say is that from here onwards during the next 12 months BTC price will barely reach the APR offered?
I know narratives tend to break but, in 12 months we will be halved. The trend dictates much higher upside potential than offered APRs. What are your thoughts on this?
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Exactly. That will be your revenue which will be halved.
Maybe it is better to just leverage your bitcoins and put in long position because mining is the same, basically, if you do not want to try it and figure this out yourself and ready to pay premium for mined bitcoins.
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Yup.. but,.. then I would need to forfeit the protection of my stack to fiat maxis... which for me its a conflict right now. I come from Data Center industry so I have a soft spot when it comes to mining data centers, that is my main driver now to make it happen on a healthy sat roi. All my analysis getting ASICS and paying them at present value with my stack,.. you don't get your BTC back ever. I refuse to let mining go =)
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