BULLISH 💣
@NaveenSpark explains why @tari is just better!
3 minutes could change your journey in crypto forever.
@monero#xmr#monero#xtm#wxtm monero:native minotari:native ethereum:0xfd36fa88bb3fea8d1264fc89d70723b6a2b56958
6/ The takeaway
The cheapest way to mine $XTM right now is with everyday CPUs on Tari RandomX, while SHA3X is the most expensive lane to compete in, and across all three, break-even sits somewhere between $0.17 and $0.26/kWh, meaning most of the world mines at a profit while Europe is underwater on every lane at $0.0011.
Yet hashrate keeps climbing, with miners in expensive regions paying more to produce minotari:native than it currently sells for, which tells you they're betting on where price is heading rather than where it is today.
These are efficient mid-range setups, so older hardware will cost more to run... DNC is monitoring the situation
🐢
5/ Tari RandomX lane · @AMD Ryzen 7 5700X (10.3 kH/s, 65W)
Mines about 362 minotari:native a day ... Cost to mine 1 $XTM:
🇪🇺 Europe ($0.26/kWh): $0.00112
🌎 North America ($0.16/kWh): $0.00068
🌍 Africa ($0.14/kWh): $0.00061
🌏 Asia ($0.09/kWh): $0.00038
The cheapest lane to mine ... Europe is only just underwater at $0.0011, and break-even sits at around $0.255/kWh.
4/ Cuckaroo C29 lane · @nvidia RTX 4070 (7.5 g/s, 105W)
Mines about 502 minotari:native a day ... Cost to mine 1 $XTM:
🇪🇺 Europe ($0.26/kWh): $0.00131
🌎 North America ($0.16/kWh): $0.00079
🌍 Africa ($0.14/kWh): $0.00071
🌏 Asia ($0.09/kWh): $0.00044
At $0.0011, Europe is just underwater while the rest of the world profits ... break-even sits at around $0.219/kWh.
3/ SHA3X lane · @goldshellminer XT-BOX (580 GH/s, 400W)
Mines about 1,468 minotari:native a day ... Cost to mine 1 $XTM:
🇪🇺 Europe ($0.26/kWh): $0.00170
🌎 North America ($0.16/kWh): $0.00103
🌍 Africa ($0.14/kWh): $0.00092
🌏 Asia ($0.09/kWh): $0.00058
With XTM at $0.0011, Europe is mining at a loss while everywhere else turns a profit ... break-even sits at around $0.168/kWh.
2/ How we worked it out
We spoke to @tari miners to find the hardware most commonly being run on each lane, then took today's network hashrate and block reward to see how much $XTM each device mines per day.
From there it's simple ... take the daily electricity bill, divide it by the XTM mined, and that's your cost per coin. We ran it for Europe, North America, Africa and Asia 👇
1/ We already audited how much hardware is securing the @tari network ... now we answer the next question: how much does it actually cost to mine 1 $XTM? 🐢
We broke it down by mining lane and region 🧵
TariTalk is open. Time to dig into something new. ⛏️📚
Mining experiments, community ideas, and stories worth sharing.
Ootle brought a shovel. The little boss brought… expertise. 🐢
https://t.co/g03FZMdGJy @tari#XTM
BREAKING 🚨: masked man under investigation at apple store for stealing 50 iphones!! #crypto#mining
When asked what made him do it, he kept spouting off something about “atari, atari?” #atari
Investigators later discovered an iphone farm in the suspects home with one striking similarity…
They all seemed to be mining @tari #xtm $XTM @tari
If he wasn’t doing that on his regular pc setup and the tari universe app, im sure he’d be just buying #wxtm $wXTM instead.
Ootle: “Want to go mining?”
iPhone Duo: *starts mining XTM*
Ootle: “Wait… you don’t even need a shovel?”
Best digging partner ever. @tari@tari_zh#XTM#IPhone Duo