Chapter 11

Running the Numbers: Is it Worth It?

IN THIS CHAPTER

Bullet Understanding the factors that determine profitability

Bullet Learning about cryptocurrency mining reward calculations

Bullet Estimating your mining equipment capabilities

Bullet Creating a return on investment estimate

Bullet Crafting a personalized cost benefit analysis

The best way to avoid bad investments into 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 market places. 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

There are various factors to consider when calculating the rate of return on ...

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