$BTC • S19 XP: $12 → $125 (939%)

• M66s: $66 → $331 (398%)

• S21: $63 → $224 (252%)

• S21 Pro: $108 → $296 (173%)

At Blockware, we call this phenomenon the ‘Mining Profit Multiple.’ Because many Bitcoin miners operate with a fixed energy cost, revenue growth causes non-linear growth in net profit margins. This positions miners for outsized benefits when the Bitcoin price rises

ASIC prices - specifically the latest generation machines - have seen their prices move in tandem with the Bitcoin price during previous bull markets. During the last cycle, the Antminer S19 began trading at ~$24/T in early 2020.

By the top of the bull market in 2021, S19s were trading for more than $120/T. So during a time in which miners were seeing their profit margins increase exponentially, the value of their hardware was also keeping pace with the rising Bitcoin price.

Getting exposure to Bitcoin mining #minning

A balanced portfolio of BTC-denominated assets likely has a combination of spot Bitcoin, Bitcoin mining stocks, other BTC-exposed equities — such as MSTR and COIN — and ASICs.

When it comes to getting exposure to Bitcoin mining, owning an ASIC has a few notable advantages:

• Better fleet efficiency: When you control your own fleet of ASIC miners, you can ensure higher operational efficiency compared to public mining companies, which may have diverse priorities that affect overall productivity. The blended average efficiency for the best-of-the-best public mining companies is in the 20 to 25 W/T range. The latest Bitmain ASIC, the S21 Pro, has an efficiency of 15 W/T.

• No executive compensation packages or equity dilution: Publicly traded mining companies are notorious for diluting their shares in pursuit of growth - with shareholders rarely benefiting from the growth in the form of dividends. Moreover, these public equities have significant overhead costs tied to executive compensation and stock options. When you mine Bitcoin yourself, these risk factors are eliminated, enabling you to capture more of the mining upside.

Agile Energy X’s #BitcoinMining initiative in Japan represents a bold step forward in the fusion of #cryptocurrency and green energy. By utilizing wasted solar energy, the company is not only making renewable energy more efficient but also tapping into the potential of #Bitcoin❗ to generate significant profits.
As similar initiatives take root globally, the relationship between Bitcoin mining and renewable energy is likely to evolve, with far-reaching implications for both industries. The prospect of using renewable energy for mining while solving grid-balancing issues is an exciting development, one that could redefine how we think about energy use in the digital age.

#CryptoNewss #minning

💵 💵 💵 1,000,000,000 #USDT (1,000,485,000 USD) minted at 🪙Tether Treasury

#Tether #minning

hi Guys,

#bigalert About $BTC Miners

Hello Pal Announces 12-Month High Crypto Mining Revenue of $1.82 Million

While the crypto industry is reeling from the aftereffects of the Iran attack on Israel over the past weekend, Hello Pal, a popular social messaging app with several arms of businesses, announced its crypto mining unit witnessed significant revenue growth over the past 12 months.

According to an official press release, the monthly revenue generated from the company’s crypto mining business has ranged from 170,000 Canadian dollars to 317,000 in the past 12 months, with March recording the highest figure.

The company made 2.5 million Canadian dollars worth approximately $1.82 million from mining Dogecoin (DOGE) and Litecoin (LTC) in total. Hello Pal said that electricity contributed around 30% of the revenue.

#bitcoinhalving #minning #btcmining #Write2Earrn

Post #2

Just Sharing Something Very Interesting I just found Today from Feed to MINE FREE $UPT 📈

Yes, you heard it correct, To be honest I usually don't believe sites or links that are mostly shared here or in X or T most of those are just click bit, some do share links but its not legit as most of those site requires either any deposit or task that will lend u hardly 0.000001$ per minute which is not worth it. 📉

All you need is follow the link > download the app and start mining, so bacically you can mine upto as much as your internet conncion is so this app can work in background no fuss of doing tasks or deposits, I would really appreciate to use my link as referral link can help me too ☺️

Link in the comments 👇

UPT tokens, denoted as $UPT, are digital assets built on the Solana blockchain. They serve as the native currency within the UPT ecosystem, allowing users to participate in the network, access premium features, and earn rewards. Think of $UPT as digital tokens that represent ownership and value within platform, enabling users to engage with cutting-edge AI models, contribute to data sharing, and unlock various benefits. 💱

You can can not withdraw any amount of tokens yet, However, once the full version of the browser app is complete and operational, as per the devlopers they will unlock these tokens, making them available for sale. 🪙

One downside of UPT is that it's still not available in the market to trade so do check what's best fo you ♥️

You can surely share your opinion in the comments if this thing is helpful or not or if you believe it's legit as I am also just trying to be part of the quest to keep up to get somewhere so no such thing like misleading 🖤

Also if you wanna share anything for airdrops that are legit put in the comments 🙌

Note: Do not deposit any amounts in these type of sites or apps, just use free mining as I am only sharing links which are legit for free mining/points, always do your own research and risk assessment for better experience or potential 😇

#Crypto
#UPT
#minning
$SOL

claim hot red packets up to 50USDT now, few slots remaining
BPO0Q9OBH5
#FaucetMining #minning #WOTD2023 #BinanceChristmas #RedPacketCampaign

Assalamu Walikum Everyone
How are you All this New Ton Minning Bot
Go To Telegram Search @saifulislamriad join & start Minning

#minning #ton #bot #minningbot #earn

Post #1

Just Sharing Something Very Interesting I just found Today from Feed to MINE FREE $ETH 📈

Yes, you heard it correct, to be honest I usually don't believe sites or links that are mostly shared here or in X or T most of those are just click bit, some do share links but its not legit as most of those site requires either any deposit or task that will lend u hardly 0.000001$ per minute which is not worth it. 📉

Below is the picture of the site where you can see I just started and wanted to share so u can also get on time. You can can only withdraw after #0.05 #ETH and daily profit is #0.008.🎯

All you need is follow the link, add your Eth wallet address on the site and I can share it to you so just reach me out as links might not be allowed to share on posts, I would really appreciate to use my link as referral link can help me too ☺️

Link in the comments 👇

You can surely share your opinion in the comments if this thing is helpful or not or if you believe it's legit as I am also just trying to be part of the quest to keep up to get somewhere so no such thing like misleading 🖤

Also if you wanna share anything for airdrops that are legit put in the comments 🙌

Note: Do not deposit any amounts in these type of sites or apps, just use free mining as I am only sharing links which are legit for free mining/points, always do your own research and risk assessment for better experience or potential 😇

#Ethereum✅
#minning
#eth

FREE FREE Mining Core Oex Btc
Authentic application click the link and register
https://www.btcs.fan/invite/8jqvy
after registration contact me I'll give code for
boating uare mining ⛏️ rate
come Fast join let's mine together 😉

"🚀 Exciting News Alert! 🚀

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See you on Binance Square! #AtheneApp #AtheneNetwork #DecentralizedRevolution #minning $BTC