Mining Bitcoin vs Buying Bitcoin Copy2

Can you accumulate more #BTC by mining or buying spot?

Here’s a case study using the 2020 Halving Epoch

For this case study, we have Person A, who is mining Bitcoin and we have Person B, who is buying spot Bitcoin

This simulation begins on 5/12/2020, the day after the 2020 halving

Person A:

• Purchases an S19 for $2,220
• 95 Th/s, 34.2 W/Th, $0.08/kWh
• Holds all BTC mined, pays electricity out of pocket ($5.93 per day)

Person B:

• Lump sum purchase on day 1 of $2,220 (opportunity cost of buying S19)
• Initial acquisition of ~.252 BTC based on BTC price 5/12/2020
• Daily DCA of $5.93 (daily cost of running S19)

Total BTC Stacked Mining: 0.669

Total BTC Stacked Spot Buying: 0.593

To date, Person A has Person B by ~0.076 BTC! (~$5,200)

It took 609 days (Jan 11th, 2022) for the BTC stack of the miner to surpass the BTC stack of the spot buyer.

This analysis doesn’t even include the resale value of the S19

Which at the time of writing, based on data from the Blockware Marketplace, the market price of a single S19 is ~$575

It’s not too late to start mining Bitcoin.

Purchase the latest-generation ASICs today and out-stack spot-buyers during the 2024-2028 epoch.

To start mining #Bitcoin today, visit:

https://marketplace.blockwaresolutions.com/

For bulk purchases (5 or more machines), send us an email: [email protected]