A $499 Mini Bitcoin Miner?! How To Mine BTC Profitably CHEAP! \ stacker news ~bitcoin

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A $499 Mini Bitcoin Miner?! How To Mine BTC Profitably CHEAP!youtu.be/i8M6mcZySsQ

11 sats \ 5 comments \ @TheWildHustle 10 Apr 2022 bitcoin

0 sats \ 0 replies \ @ideasourcing 11 Apr 2022

Lyn Alden retorts and then the establishment's shills arrive with inane replies to bury my reply which has a cool idea

See if you guys can read and support my idea by liking/retweeting my tweet https://twitter.com/fixol4all/status/1513274063116201986

Solar Power is the real deal but solar panels are a scam. They are clearly now trying to project that only huge landowners and people with money muscle like Musk and Jack can mine bitcoin with huge solar panel farms. This is all untruth.

0 sats \ 2 replies \ @BTCMiner 10 Apr 2022

Cheap?

Really difficult to justify $500 for 2 Th/s. $250 per Th/s vs $55 per Th/s for an S19 Pro. Energy consumption also not great...equivalent to running 6,600 watts vs 3,200 watts.

0 sats \ 1 reply \ @BTCMiner 10 Apr 2022

Assuming this is it:

2-3.8 TH/s of SHA256 performance per miner (+/- 5%) 125 Watts in ECO mode, and 200 Watts in TURBO * +/- 10%

https://shop.futurebit.io/products/pre-order-apollo-btc-a-bitcoin-asic-miner-and-desktop-class-computer-running-a-full-node-and-much-more-batch-1-ships-in-late-april-to-may

0 sats \ 0 replies \ @BTCMiner 10 Apr 2022

So, punching the above number into the Hashrate Index calculator:

https://hashrateindex.com/tools/calculator

This will generate $0.38 per day, at current hashrate and bitcoin difficulty. That's ~$140 / year.

Even if you get free electricity, this will take about 4 years to return the $500 you paid for it (again, at today's BTC/USD and bitcoin difficulty)

Don't be an idiot.

0 sats \ 0 replies \ @TheBTCManual 10 Apr 2022

I wouldn't mind getting a few and put it my green house to keep it warm