142. Why Bitcoin Miners Get Rekt
The Bitcoin Standard Podcast
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How Do I Get Into Bitcoin Mining?
I know some people who have considered mining but wouldn't consider buying. And for them it's just they completely missed the value proposition when they think, oh, okay, well Bitcoin, all right, hard money. You're not going to make it almost certainly. The only time it will make sense is if you come at the problem with the electricity that is very cheap and you can use that electricity to make more to mine Bitcoin. Are you able to make a 20% profit on the current state of the network? If the answer is no, then you shouldn't bemining from this point forward.
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