- Joined
- Oct 24, 2003
To expand on my neighbor comment. Neighbor to the east of me barely lives there. Neighbor to the South of me abandoned his house a decade ago and his daughter has been maintaining it from over an hour away. Corner lot, so no either neighbors abut my lot.
So..... I don't steal tho.
I put the free electricity so you can decide how to pay for the electricity. Ignore the cost as I am. Subtract cost from monthly earnings. Or subtract cost from proceeds of sale of equipment.
No matter what way you go buying with the intent of reselling and mining having equal value in the equation will garner safe return. If cost of electricity goes up or difficulty goes up and mining becomes unprofitable you can sell equipment immediately for little loss. If cost of electricity and difficulty stays within reason then at end of year you've covered cost of equipment plus can wholesale equipment and cover electricity. Or swap costs around to fit your point of view.
I'm looking at 1 year of mining. Mining proceeds and sale of equipment minus cost to purchase equipment, electricity, fees = net profit.
this just made it worse originally we took it as a joke tbh