The concept is interesting to me but I’m just now sure how the math makes sense for most retail investors.
Currently, the price for the cheapest hosted miner they have (goldshell hs5) is $6,250. And it seems to yield about 10,000 sats per day.
Alternatively, you could just use that $6,250 to spot buy bitcoin at the current $40k price and receive .15625 btc.
So, assuming those mining rates stay constant, which the likely wouldn’t, it’d take you about 4.25 years just to hit the same amount of bitcoin that you could buy today.
Of course, this isn’t even factoring for hosting fees and pooling fees….
What am I missing here?
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