Crypto??

[GoatMan]

i am wondering if crypto is a good ide to start mining in and if it is then what and how??

[DoctorNick]

33 minutes ago, GoatMan said:

i am wondering if crypto is a good ide to start mining in and if it is then what and how??

Depends... Hows electricity prices in your area?

[GoatMan]

7 minutes ago, DoctorNick said:

Depends... Hows electricity prices in your area?

i live in sweden and it looks like 0,054/kW

[DoctorNick]

6 minutes ago, GoatMan said:

i live in sweden and it looks like 0,054/kW

According to this site prices as of june 2021 was 0.191 usd/kwh

https://www.globalpetrolprices.com/Sweden/electricity_prices/#:~:text=Sweden%2C June 2021%3A The price,of power%2C distribution and taxes.

 

Also according to this site prices is rising up to 266% = ~0.5, which is stil cheap compared to what I pay in Denmark, but not low enough to make mining profitable. 

https://www.euronews.com/2022/01/12/sweden-to-help-households-as-electricity-prices-soar-over-266

[GoatMan]

42 minutes ago, DoctorNick said:

According to this site prices as of june 2021 was 0.191 usd/kwh

https://www.globalpetrolprices.com/Sweden/electricity_prices/#:~:text=Sweden%2C June 2021%3A The price,of power%2C distribution and taxes.

 

Also according to this site prices is rising up to 266% = ~0.5, which is stil cheap compared to what I pay in Denmark, but not low enough to make mining profitable. 

https://www.euronews.com/2022/01/12/sweden-to-help-households-as-electricity-prices-soar-over-266

so is it a yes or no to crypto?

[DoctorNick]

2 minutes ago, GoatMan said:

so is it a yes or no to crypto?

I wouldn't do it.. And right now market looks like it could crash at any moment. But i'm no expert.

[GoatMan]

3 minutes ago, DoctorNick said:

I wouldn't do it.. And right now market looks like it could crash at any moment. But i'm no expert.

ok thx