Should i buy a bitcoin miner M31S+ at Compiss or bitcoin instead?

Show Notes

Would you buy a used bitcoin miner M31S+ on Compass for $595 or stack more bitcoin? The facts about the deal as I have them with my own assumptions peppered in. M31s+ 82 TH/s $595 + $695 in fees $193/mo in hosting fee, which breaks down to $.078/KW/hr For fun, Let’s factor the cost to mine in the UK, ignoring heat capture/ waste heat reuse. UK average is £.34 KW/hr or $.41 KE/hr … (ridiculous ) That machine will cost £28/day or $33/day to operate See our Bitesize Bitcoin on “Cost to Mine” https://youtu.be/61KBFYI2t9Q At current Hashprice from LincoinPool that machine will gain you 26,334 sats/day , @ 7.8 cents KW/hr in hosting fees, you are breakeven at current Bitcoin price. Let’s look at an alternative to buying and hosting from KaboomracksAlex Alex’s recent listing, an M31S+ at $8.90/TH = $729 a little bit more, but that’s delivered and no additional fees. Check the full episode for more bitcoin mining insights! https://youtu.be/zcZNliz1ksg