My office space is not billed for electricity usage, and we are industrial so we use a bit due to normal operations. Is mining worth it at all? From calculations I've seen online it still seems like the break even point is up to 2 years with 24/7 usage and no electricity fees. I guess profitability somewhat depends on planning for a spike in value?
Overall, I wanted to get started with a crypto currency but I'm totally at a loss as to what to do.
Anything worth doing with free electricity?
byu/Anstigmat indogecoin
Posted by Anstigmat
4 Comments
I’m pretty sure they would notice a spike in electricity if you do start mining there’s probably a hidden clause in the contract stating something along the lines of your not aloud to use the free electricity for illicit goods. But don’t quote me on it
Honestly I would have a proper in depth read off the contract before you try doing anything
“free electricity” is a bit of a weird thing these days
All electricity costs, but peaks with excess production require energy to be destroyed.
You can mine doge using that, but the initial cost of the basic will set you back. Then it depends on how much you can use.
Run 24/7 with average energy cost, you can earn the basics cost back in 1-2 years.
If you have free electricity, you might be able to do it in under a year.
It’s free if you’re in the military and live in the barracks. 👀
There’s no such thing as free energy