Electricity is the biggest cost in Bitcoin mining. Lower energy prices = higher profits. It’s that simple.
Your Friend Andy
@OhHaiAndy
05-09
May Bitcoin mining update:
At $102,997 per BTC, my 26 machines are making $6,170 a month now (0.059903 BTC)
It costs me $3,636 a month to keep them operating (hosting/electric), for a profit of $2,533/month.
To date, I've stacked 3.53 BTC worth $363,496 and will continue to
Sector:
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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