100 sats \ 3 replies \ @Nuttall 7 Nov \ parent \ on: Stacker Saloon
In 2020 I bought a Coinmine because I didn't know better and I was lazy. I paid in Bitcoin in 2020. In 2 years I broke even in the Fiat value but if I had just kept my sats and not bought the Coinmine I would have 10 times the Fiat value.
In 2023 they closed shop. I tore my Coinmine apart and repurposed it as a Bitcoin full node and Lightning node. The Bitaxe looks like a great learning tool. 223,170 sats is nothing to sneeze at. So you get lightning payments because the tiny UTXOS might be messy?
I’ve mined these using a fleet of 4 miners over time, including 1 bitaxe. I’ve been building a balance in my mining pool to avoid a fee with an on chain transaction. Lightning payouts are great though and I’ll switch to that shortly