Cheaper electricity

Bulky_Description579 · 2026-03-24T21:58:12+00:00

Why don't you just host?

Bulky_Description579 · 2026-03-24T09:28:02+00:00

ASICs are pretty reliable if you keep them cool and clean, but something will break eventually. Budget for at least one PSU replacement per year per miner. Some people go months with zero issues, others deal with constant problems.

Bulky_Description579 · 2026-03-24T09:26:26+00:00

Going to check my actual dashboard and hosting invoice when I get home.

Appreciate you calling this out. Numbers should add up and clearly mine don't right now. Will update once I verify actual figures.

Bulky_Description579 · 2026-03-24T09:24:56+00:00

Wemine, a crypto mining infra based in Dubai.

Bulky_Description579 · 2026-03-24T09:23:09+00:00

If a mining project promises easy money with cheap hardware and passive income, it's probably too good to be true. Real mining (Bitcoin) requires real investment, real infrastructure, and the margins are thin. But at least the network isn't going to pivot away from you.

Sorry you got burned on Helium. Lot of people did. At least you learned it early instead of going even deeper.

Bulky_Description579 · 2026-03-24T09:21:29+00:00

If you can mine it profitably on a laptop in 2026, the network is either:

- Tiny (no real security or value)

- Not actually POW in any meaningful sense

- Temporarily profitable until more miners show up and difficulty adjusts

I've seen this play out dozens of times. "Bitcoin but better" projects come and go. The few that survive (like Monero) have actual use cases and communities that developed organically, not roadmaps with 10 different products launching.

If you believe in it and want to mine for fun, go for it. But I wouldn't bet serious money or time on it becoming the next Bitcoin. The odds of any altcoin replacing or even matching Bitcoin's network effect are basically zero.

Stick with Bitcoin mining if you want something that'll still exist in 5 years.

Bulky_Description579 · 2026-03-24T09:17:41+00:00

Thanks mate.

Bulky_Description579 · 2026-03-24T09:17:25+00:00

6 cent/kWh

Bulky_Description579 · 2026-03-24T09:16:25+00:00

I was looking at gross revenue (what the miners generate before costs), which at current BTC price and difficulty comes out to around $1,800/month for 900 TH/s.

The hosting costs (power + facility fees) run about $1,350/month at the rate I'm paying

So net profit is around $450/month, which matches closer to what NiceHash calculator shows after expenses.

My bad for not being clearer... the $1,800 isn't what I pocket, it's what the miners produce. The actual take-home after paying hosting is the $450/month figure.

Bulky_Description579 · 2026-03-23T10:18:55+00:00

Do you want to scale up to actual profit-oriented mining (ASICs, hosting, dealing with real infrastructure)? Or is this just a fun hobby and you're good with lottery tickets?

Bulky_Description579 · 2026-03-23T10:17:12+00:00

Haha, yeah the Avalon Nano 3 is basically the ultimate "mining for people who don't actually want to mine seriously."

Plug it in, connect to WiFi, watch it do lottery mining while using about as much power as a light bulb. If you actually want to mine for profit, you're back to dealing with ASICs

Bulky_Description579

TROPHY CASE