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  1. #1
    Senior Member Reputation points: 30747
    Join Date
    Aug 2016
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    486

    Quote Originally Posted by abfunders View Post
    Just be careful of those Texas electricity rates. That's why most crypto miners are in areas next to hydro. There are some that even shut down in the seasons when electricity rates go higher.

    Maybe just spend your time investing in crypto miners instead?
    Looking over my bills at my brick & mortar, I pay about 11cent per kWh. At my house I pay about 14cent per kWh. But those profit number on the above list are Net. The electricity cost accounted for. What is not accounted for is the HVAC to remove the heat generated.

    Yeah it probably would be better to just invest in the crypto... But what fun is that!

    I just checked my coinbase crypto account. Yesterday at 5pm my ETC was @ $104 per coin, and today it has hit a high of $175. Physically mining the coin would be way more hassle than just investing in it...

    The CC companies send me those blank check promotion offers... But I just don't have the nuts to cash them and take those funds and by crypto with.. But if I would have a few weeks ago when I bought ETC for $43.64 that would have been a major win! Argghhh,
    Last edited by Winning; 05-06-2021 at 03:29 PM.



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