RE: How profitable is Bitcoin mining? (Part 2) Analysis of Genesis Mining using an idealized model.

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How profitable is Bitcoin mining? (Part 2) Analysis of Genesis Mining using an idealized model.

in bitcoin •  8 years ago 

I agree that the point is often overlooked. This is why the running cost (incl. electricity cost) is important.

In the next post, I analyzed another cloud mining contract by Giga Watt, which has low hosting fee.

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