The questions everyone asks before buying a miner, answered with the number in front of you rather than with an opinion.
Whether it pays off depends on three numbers: the miner's efficiency, the discounts you switch on and the price you pay per TH. Net per day for every tier, payback per buying route and the bitcoin price below which each setup stops earning, recalculated with today's data.
Six steps in the order they actually happen: where the referral code goes so it isn't lost, what each budget buys today, when the first bitcoin lands, which discounts to switch on before the first bill, and how withdrawing works.
The fee is two lines: electricity from your miner's W/TH, and a fixed $0.0089 per TH. What 100 TH costs per day at each tier, how it's deducted, why the bill doesn't fall when bitcoin does, and the three ways to make it smaller.
A TH at 15 W/TH costs roughly half a TH at 12 W/TH, and there's a reason for that. Price per TH for every buying route, what the same money buys in each, and the bitcoin price below which each efficiency tier starts losing money.
The halving cuts what the network emits in two and doesn't touch a cent of your maintenance bill. How many blocks are left, what happens to each efficiency tier, and the bitcoin price it would take to get back to zero.
The same Antminer S21 Pro, the same efficiency, two very different power bills. Why electricity — not the service fee — decides whether mining at home pays off, and why the same miner can lose money in a living room and make it in a data centre.
The maintenance discount isn't one number: it's four separate mechanisms. How your VIP tier climbs without you asking, what the GOMINING token actually is beneath the 20%, and why the solo mining discount gets voted on every week.
"Cloud mining" isn't one product: it's a label stuck on three different models. What you actually buy in GoMining, ECOS and NiceHash, with sources and dates, and the $577 million fraud case that explains why the difference matters.
A YouTube channel walks into a 25 MW building and asks how many machines are on site, what that is in hashrate, and what the power bill looks like. It answers one. Here are the other two, along with the building switched off on purpose, the 6,800 miners, and the kWh price above which all of this loses money.
About 50 satoshis: three cents. Where that number comes from, what it costs to keep the terahash running, and why its margin lives in the fourth decimal place. With the model checked against thirteen days of real payouts, and two identical miners 34% apart in profit.
How many TH and how much capital it really takes to net $100, $500 or $1,000 a month. Why the token discount does not save you money but moves it, whether the second-hand market is worth it, and the bitcoin price below which this loses money. With the tables recalculating live.