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RE: Is Mining Crypto Worth It?

in LeoFinance2 years ago

I'm a small time miner, and the hike in elec prices has made it uneconomical now. However, I do also use my miner to heat the room where my wife works from home, and accordingly we dont have our heating system on during the day - so that offsets the elec price increase. But its becoming more difficult by the day, and I can see I will probably have to stop at some point soon.

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Ah yes that’s an interesting use case I’ve heard from a few people who use it for heat as well.

It’s crazy how energy costs have skyrocketed. That’s why I prefer proof of stake and proof of brain mining these days. Alternatives to the physical

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Yes - I agree, I'm unlikely to do much more mining - I definitely prefer the Hive type approach - content and curation

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Hive is truly one of a kind in this way. I think we’re leading the pack on the Web3 frontier - but you already know that since you’re here :)

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