Bitcoin Mining 2023

Here is the newest ant miner from bitMain. It is super fast, but it comes with a hefty price tag of $10,000. But consider this. Not only does it take two months to get shipped, it’s loud, produces a lot of heat and consumes a lot of electricity. Sure, you can make $19 a day at the current price of Bitcoin, but assuming your electricity costs are $ a kilowatt, you will pay $8 a day in electricity to run this miner. So, that’s only $11 a day net. At that rate, it will take over two years to even earn back that $10,000 investment. My advice? Don’t bother with the mining and just buy BTC. After two years of mining, you’ll be in the same exact spot, with a net profit of zero. Let me know in the comments. 🤔 💰 Join My FREE Discord Group: 🚀 Connect With Me on Social Media! ►► ► My LINK TREE ◄◄◄ 👍 JOIN Bitfolio Academy Coaching Community: 🔥 FREE Cyptocurrency Course: 💻 Bitfolio Academy Blog: 💵 Send me a Satoshi: ⚡️bitfolio@ Crypto Sherpa 🚀 Sharing lessons on crypto as I try to minimize risks and shorten time horizons 📈 Disclaimer: I am not a registered investment advisor. All data is provided for information purposes only. No investment decision shall be based on the information provided here and you are solely responsible for your own investment decisions. #bitcoin #bitcoinmining #mining #btc #miningrig #miningbitcoin #cryptocurrencymining #miningfarm #sidehustles