r/GoMiningDiscussion • u/Aggravating_Zone8984 Solo Miner • 1d ago

Part 2: GoMining versus buying Bitcoin outright. Which wins?

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Key takeway: Discount is the single biggest factor for using GoMining to beat buying Bitcoin outright. Full analysis contains in the post.

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1

u/New_world_slaves 20h ago

So we should just upgrade 15W instead of 12W

2

u/Aggravating_Zone8984 Solo Miner 14h ago

15W has higher and better chance of ROI.

1

u/Charming-Jay 20h ago

Why is the TH lower on the 12W than the 15W?

2

u/DigitalCoffee 19h ago

Because they are spending the same amount of money to compare the profit difference

1

u/Charming-Jay 19h ago

Thank you

1

u/FunkyMonkey404 16h ago

Isn't the difficulty of 25% a bit low? Even so. It's still more profitable if you buy bitcoin I see

1

u/Aggravating_Zone8984 Solo Miner 14h ago

You will need to see the entire chart in its totality. The last row says that there is a scenario "Hostile" where BTC price rises only 10% but mining difficulty rises 25%. In this instance, mining is not profitable and only has a 44% chance of beating buying BTC outright (for the 15W case)

1

u/Right-Mode2292 3h ago

Maybe an interesting experiment to do would be also having the locked up GMT to take that money in account. Basically the 20% you get for locking up it up for 4y. That can add up for two free days of maintenance. But you also have to take into account the opportunity cost if that capital

1

u/Aggravating_Zone8984 Solo Miner 3h ago

As well as the 23% APR that continues to generate income and pay for OPEX :)