Is it worth spending $10k in a Bitmain Antminer L7 to start mining DOGEcoin? I hear the block reward for DOGEcoin is 10,000 DOGE... Anyone have a clue to what the cost of power would be to run the mining hardware? Am I better off just investing?
the cost of power is a meme and barelly a factor.Realistically you would be finnishing paying one of these in a year minimum, was it really worth it? just buy doge directly.mining works for nvidia bros who dedicate their time and effort to constantly upgrade, so is nice to recycle them instead of reselling at a loss.
>>5923666927dollars/95ish doge a day at current prices with .10 electric. Is tempting. But you don’t mine in a bull market. You buy the token in the bull market, sell the top, and then mine during bear market
>>5923668110,000 DOGE is $3,700 shouldn't I be done paying for it in just 3 block payouts? (assuming DOGE doesn't tank) That wouldn't take year would it?
>>59236669>>59236834I guess people don’t know how to calculate mining profits anymore. Sad. Stupid vitalik just had to kill mining.
