Oddbean

▲ ▼

 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. :)