My AC busted.
The technician says I need a new AC and furnace.
He said the price was $16,000(27 million sats).
$208 per month for 15 years.
If I need a furnace too, I want it to mine bitcoin, but this dude said regulations blah, blah, blah.
I need a second opinion and my thinks I will burn down the house.
I also ran the numbers on heatbit heaters.
I can profit about 300,000 sats per month, ith 4 heatbit space heaters. Of course, I don't really plan to sell sats to pay my electricity bill, but 300k sats assumes I will.
My electricity cost would he about $150(257,000 sats)more than my gas, so I might only net 40k sats per month, but it's still profitable. I also think this is somewhat off set by the fact I don't actually plan to run it as much at night and my electricity is cheaper during the day because of solar.
Has anyone else run the numbers on heatbit heaters?
#asknostr
I ran the numbers a while back and it would at best break even, my other scenario is buying a cheaper regular space heater and saving the rest in BTC. With the current mining landscape you probably wouldn’t end up with any extra bitcoin. But it could be a fun learning opportunity, and contribute towards the decentralization of mining.
I also ran the numbers. I will only make a little and I'd the price drops, I will be in the red, but I would rather spend a $3,000 on a heater that pays me sats than $8,000 on a heater that pays no sats.
I either need to sell 13 million sats to buy a normie heater or finance it at 12.9% interest.
This option was less attractive when I could get 0% interest loans, but the tides have turned.
If the Normie heater cost more then it’s a no brainer. Happy mining ⛏️
Thanks. The wife is less enthusiastic about this plan so we'll see. :)
I'm 8 years into running the old ac unit after being told by the technician that I need a new unit.
My AC was built in the same year Eric Hughes wrote A Cypherpunk's Manifesto. How much longer can it really last?