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2026-07-05 21:22:09 UTC
in reply to

Ralph on Nostr: I have already learned a lesson and lost a lot of btc by mining with the wrong guys. ...

I have already learned a lesson and lost a lot of btc by mining with the wrong guys. I had 60 miners running in Paraguay, Kuwait and Etiopia.
Either you buy hashrate, and then you need less than 5ct /kWhr or you own miners and then you don't have the control if they really operate your miners and how they operate them. After one year guarantee is lost.

And the FPPS+ payout by 99% of the pools is a scam. Ocean is the only pool who pays you directly onto your wallet. With no other pool you'll get virgin bitcoin onto your wallet. 99% of all pools send you used bitcoin with unknown history. Neither you have any control which template they are using for mining.

It's a very very tough business for all participants especially because local rules and laws are changing permantly.

Good luck.