Many know that BITCOIN $BTC can be mined, but have you wondered how much it would cost us and how soon we would receive 1BTC❓❓❓
Let's break it down using the example of the AntMiner s21xp, which is currently one of the best ❗❗❗
What do we need for the calculation❓
📈Characteristics of the AntMiner s21xp
Electricity consumption is 87.6 kWh per day (3.65 kWh) ⚡
How much does it mine❓ about 0.00012 BTC per day ⛏️
💰Now to the calculations👇
The average electricity price in Russia is 0.07$ per kWh (let's also calculate Europe and find out where mining is cheaper at the end)
The price of a miner is about 4500💰
You will pay for electricity per day - 6.132💰, and per month 183.96💰
🪙Income: Bitcoin today is worth 89,000💰 * 0.00012 (mined per day) = 10.68💰 For a month (30 days) = 320.40💰
We will subtract the electricity costs and get 4.548💰 per day or 136.44 per month💰 Not bad🤔 This means we will receive 0.001533033 BTC NET per month❗❗❗
How long will we mine 1 bitcoin with one miner❓❓❓
652.30 months, more precisely 54 years 😳😱
But we will recoup the miner in the 33rd month of operation😂😂😂 (the average lifespan of a miner is 4-5 years) in 2.7 years the miner will work for you😂
We understood that with one miner we will not see Bitcoin😔
🎯GOAL: 1 BITCOIN IN ONE YEAR. REAL❓HOW MUCH DOES IT COST❓
So we get 1BTC without accounting for electricity expenses,
We will need 55 miners S21 XP 😱😱😱 The total cost will be 247500💰 😱😱😱
Per day they will consume 4818kWh and in monetary terms with an electricity price of 0.07💰 per kWh = 337.26💰
We understood that 55 miners in a month will not give 7504.20 and in a year will give 1BTC, but there remains an important question🤔
WHEN WILL WE BREAK EVEN❓
In a year we earned one bitcoin, but we invested 247,500💰 in equipment and want to get it back, it's simple, in another 2.9 years we will recoup our investments👍
💡RESULT: You need 45 months or 3.9 years and about 247500 to invest in equipment to get 1 Bitcoin🙂
⚠️ Important❗❗❗
If Bitcoin goes to 120,000–150,000💰 you will pay off in 1.5 -2 years 👍
If the rate drops to 50,000💰 you will only work to pay your electricity bills😔
😳The highest electricity price in Germany is 0.47💰 per kWh, mining there is definitely not worth it, it's almost 7 times higher than in Russia, and mining becomes unprofitable (you will spend 4 times more on electricity than you earn), just like in the UK, France, and Poland, where electricity rates range from 0.25-0.35💰 per kWh, slightly cheaper but still unprofitable😔
✈️The fastest way to 1BTC is to mine in Saudi Arabia and Kuwait, where electricity prices are 0.010-0.013$ per kWh. There you will only spend 11% of your income on electricity and get 1BTC in half a year, and you will fully recover your investments in 21.90 months. To put it simply, in less than two years you will have both 1BTC and the equipment paid off 👍👍👍
These are the thoughts that occasionally come to my mind😂 In general, I know a lot of random stuff, even how many helium balloons are needed to lift a person❓ Can a vacuum cleaner hold a car in mid-air❓ (yes, but with a trick) 😂
Have you ever thought about mining❓
#FedWatch #StrategyBTCPurchase #SouthKoreaSeizedBTCLoss #btc70k #BTC🔥🔥🔥🔥🔥