Chapter 7
Running the Numbers: Is It Worth It?
IN THIS CHAPTER
Understanding the factors that determine profitability
Calculating cryptocurrency mining rewards
Estimating your mining equipment capabilities
Creating a return on investment estimate
Crafting a personalized cost/benefit analysis
The best way to avoid making bad investments in the cryptocurrency mining industry is to do your homework and research before putting any considerable amount of funding into cloud-mining services, personal mining hardware, or hash-rate marketplaces. You really need to understand the numbers so you can see whether you’re likely to be able to make money.
In this chapter, we walk through the various aspects of cryptocurrency mining equipment and deployment benchmarks that can help you figure out whether your planned arrangements will lead to mining profitability.
Factors That Determine Mining Profitability
When you’re calculating the rate of return on your investment (ROI), consider these factors: ...
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