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131 sats \ 1 reply \ @AngryMulbear 23h \ on: Profitability of Heating with Asic s9 Miner bitcoin_Mining
The fact we've figured out how to turn what is essentially resistive heating into an income source is truly amazing.
Still can't beat Natural Gas cost wise, but if electric is your only option this is a no brainer.
I'm with you there.
If you look at my tables, in my area, if you could find a way to automate the miners to just mine during the lowest rate-tier, then you getting about 12% sats discount.
Sadly this low rate is based on low overnight demand for power, and if someone with a massive amount of capital figured this out then it would probably increase rates.
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