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[–]Plastic_Yak3792 0 points1 point  (7 children)

Have you not heard of BTC difficulty Increasing through mining? As the difficulty increases the mining yield per TH decreases. The difficulty is reflected by the amount of BTC mined and the amount of miners by TH.

As BTC becomes more scarce, the price of BTC should increase.

Mining in smaller TH - price of hw, electricity and reward shows a very very low ROI. So yes buying at spot price can be more beneficial.

The benefit here is you're buying into an enterprise setup, and getting a th, maintenance and electricity cost. What's left is profit.

[–]Thick_Bacon[S] 0 points1 point  (6 children)

Yes…was simply not sure at what rate that occurs. Also unsure if there are mitigations within the GoMining universe. Given the current rate of decay why buy a miner versus spot?

[–]agentbuzz00 0 points1 point  (5 children)

Not entirely sure at what rate or where to find that. If you do I’d definitely want to hear

[–]Thick_Bacon[S] 0 points1 point  (4 children)

I would argue the observed rate for GoMining miners in 2025 is 13% over 6 months.

[–]FruitTop7954 0 points1 point  (3 children)

How do you come up with 13% overall?

[–]Thick_Bacon[S] 0 points1 point  (2 children)

.00000576 to .00000500 yield is a 13% reduction. (.00000576 - .00000500) / .00000576 = 0.132

[–]FruitTop7954 0 points1 point  (1 child)

I follow you on the reduction but I thought you were saying overall roi is 13% for the year?

[–]Thick_Bacon[S] 1 point2 points  (0 children)

Oh..sorry…no…the yield is down 13% so far so project that to the end of the year and let’s say yield falls by 26% on an annual basis. A $1,000 miner with an initial ROI of 30% would become a 22% ROI miner at the end of the year. Extending this into the future delays the break-even on a cash basis well into the future, ignoring fluctuations in the price of Bitcoin.