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(Home) Mining for the Streets - with Econoalchemist, Diverter, Coinheated, John Stefanopoulos at Bitcoin 2022 on the Mining Stage

Citadel Dispatch

CHAPTER

Bitcoin Mining Is a Bullish Bet

There's never been a moment in history where anybody has bought any hardware that has not broken even in Bitcoin's entire history and that includes USB miners whatever. If you invest in a machine you're pretty much committed for about a year at least to run that machine, he says. The amount that I'll make on that in Bitcoin is worth so much more to me because I'm gonna be holding it for five 10 15 years on top of that yeah and having that it's priceless to me. He explains the trade-off between going industrial miner route sourcing a six figuring out sound power and heat versus going for a more convenient setup for something like future bid or the black box.

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