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0 sats \ 5 replies \ @0xbitcoiner 4 Jan \ parent \ on: Stacker Saloon
Do the profits pay for the costs? Or are you just mining for ideology?
I am definitely losing money on it right now, based on the current fiat value of sats compared to my initial investment + operating costs (electricity).
I haven't done the math, but there's a certain fiat value where this will be a profitable operation.
The other perspective is that I am paying a premium for KYC-free sats. So it just depends on how you look at things.
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0.0002 BTC i.e. 20,000 sats with a fee of 10,000 sats unless your withdrawal is 500,000 sats or more.