Bitcoin mining is estimated to get 6.9% easier this week (nice)
Here's what that does to my numbers:
Right now, I earn about 0.047139 BTC/month
Worth: $3,488 at $73,985
Electricity + hosting: $3,085
My cost per BTC: $65,400
If the −6.9% estimate holds:
0.0506 BTC/month
Worth: $3,744
Cost per BTC: $61,000
Same machines and bill... soon making more Bitcoin.
Want more details about how I do this with @LuqEEMiner? Watch this: https://t.co/lAPayFTFj2
Want to try it out? https://t.co/5U1yB9Z23m
PROMO CODE: YOURFRIENDANDY
Run a home Bitcoin miner? Do this 5-minute check today:
1. Open your miner's dashboard
2. Confirm the pool URL is the one YOU set
3. Confirm the BTC address is YOURS. Check the first and last 6 characters
4. Update firmware from a trusted source ONLY
5. Change the default password, and don't expose the dashboard to the internet
If someone swaps your pool or address, you hash for them, and you might never notice.
Bookmark it and check monthly.
It's November. Your space heater gives you heat and a bigger electric bill.
A home Bitcoin miner makes heat AND takes a shot at 3.125 BTC (about $232K) every 10 minutes OR gives you regular BTC payouts (pool mining).
Like this one: the Canaan Mini 3.
You get heat AND Bitcoin.
5yrs ago today, Bitcoin hit $69,000 (nice)
If you bought $13,050 at that 2021 top, you'd have $14,050 today (+8%)
If you put $50/week in starting that same day: ($13,050 invested), that's 0.3035 BTC stacked, worth about $22,500 (+73%)
Dollar-cost averaging wins for most people
You have $3,000 for Bitcoin. Pick one:
A) Buy about 0.04 BTC today at $74K
B) Spread it as $50 a week for the next 60 weeks
C) Buy a lottery miner for a remote shot at a big prize ($232,000) and a bigger machine for daily BTC payouts.
Which are you picking? Why?
@patjones1988 You know you have to adjust for inflation for both of those too, right?
And that savings & bond yields weren't 4% for the past 4yrs?
The savings account and bonds would have negative returns over that same span. Even with inflation, BTC wins by a huge margin.
Which crypto hardware wallet is BEST?
I break down 4 wallets, from $70 all the way up to $349, plus an alternative in this video:
https://t.co/qLF2PWLavV
What are your chances of hitting a Bitcoin block of 3.125 BTC or $234,000 with the Bitaxe Naja Duo (small home miner)?
What about your chances of hitting a Bitcoin Cash block worth $800-900?
Two SOLO Bitcoin blocks were hit over the weekend.
Each one paid out a full block reward.
Block reward right now: 3.125 BTC, about $232,000.
One was with a miner worth $400-600 and the other was with hardware somewhere between $4-10K.
Your odds are only zero if you don't try.
@James187349271 I run a bunch of different machines.
Here's my big serious setup: https://t.co/HDoOcM0xzW
Here's a small home lottery miner I like and use: https://t.co/imNiTVexA0
Here's a super easy way to start without a miner: https://t.co/lAPayFTFj2
For years, Wall Street had the tools. Everyday investors were left to figure it out.
That’s changing. Q brings rules-based crypto strategies directly into your iTrustCapital account.
► See how Q is closing the gap: https://t.co/EjO3IXdIeG