So you want to mine but can't because xyz?
1972 sats \ 7 comments \ @expatriotic 18 Mar bitcoin
Host with https://wilsonmining.io
They offer 6.9 cent power for the first year. It's two brothers in Iowa. They're dope af. Check out their interviews on their website. They're most active on X (🤮) but don't hold that against them. Email is on their website or reach out on telegram @wilsonmining like I did. They've got a sweet inside deal on M60 miners that ends April 1. Hit them up!
I make no money from posting this, just want to spread knowledge
ps Tell 'em expatriotic sent you!
pss You can be 100% anonymous and pay your electrical and hosting fees in bitcoin OR LIGHTNING
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224 sats \ 0 replies \ @harrr 18 Mar
I don't want to mine, I lover miners and applaud their efforts to run businesses, but I just stack more sats.
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162 sats \ 5 replies \ @WeAreAllSatoshi 18 Mar
Definitely an interesting proposition. I wonder how mining profits are split 50/50, since you are allowed to point to any mining pool you like?
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10 sats \ 4 replies \ @expatriotic OP 18 Mar
As far as I know, hosting sites charge an installation fee 1x, and then make money on electricity cost arbitrage. If they get 5c, they give you 7c per kilowatt-hour
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0 sats \ 3 replies \ @WeAreAllSatoshi 18 Mar
Yea I guess I meant more of how the mining rewards are split. Electricity cost arbitrage explains a source of profit for sure.
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0 sats \ 2 replies \ @expatriotic OP 18 Mar
As far as I know, you get 100% of your hashrate towards the mining pool of your choice. I'll be using Lincoin because they utilize pay to paynyms
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0 sats \ 1 reply \ @WeAreAllSatoshi 18 Mar
This is what I was referring to:
After power is paid at 5.95 cents per kWh we split the profit 50/50. 1
Footnotes
  1. https://wilsonmining.io/pages/hosting1 ↩
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0 sats \ 0 replies \ @expatriotic OP 18 Mar
No so they have two payment models. I think the profit sharing is a bear market strategy. But in normal times I think you just pay a flat electricity rate
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