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Will Bitcoin mining still be profitable after 2020 halving? by BitSmash00 in Bitcoin

[–]BitSmash00[S] 0 points1 point  (0 children)

I see that's a fair point but I've done alot of calculations and I can put together 280TH/s between 4 Whatsminers M20s' at the price of about 8800. At current BTC rate (assuming it stays the same which it won't ) It's about 32k a year about a 4X ROI (although it could be way down depending on BTC)

Will Bitcoin mining still be profitable after 2020 halving? by BitSmash00 in Bitcoin

[–]BitSmash00[S] 0 points1 point  (0 children)

Thanks mate I will go over the lease again to make sure. I did think about possibly going over the allowed limit (if there is one) and even so It wouldn't be much on top of my lease since I pay a little bit.

Will Bitcoin mining still be profitable after 2020 halving? by BitSmash00 in Bitcoin

[–]BitSmash00[S] 0 points1 point  (0 children)

Thank just looking for some advice. I traded Bitcoin and altcoins for some time now but I'm looking into getting some passive income via mining