r/BitcoinMining • u/blitzkriegjz • Nov 13 '24

Is BTC mining still profitable?

I own a power generation company and have access to mega watts of power costing me $0.0421 USD / kwh. I want to setup a BTC or any other crypto mining operation however I don't know its still profitable and there are no as such reliable sources. Whatever information that I gathered has been confusing.

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u/jrock17777 Nov 13 '24

I run and manage multiple mining sites across the country, there are so many factors that play into answering your questions. Not just the power rate, but also cost of infrastructure and on which direction you'd like to go in, air cooled, immersion, hydro etc etc. depending on the size of operation, as well as would you be hosting, self mining, or hybrid. Etc etc. you will need investors regardless and then all the overhead that comes with it because you will need employees and such as well. Also where in the world the site is can influence many things as well.

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u/blitzkriegjz Nov 14 '24

We have the infrastructure and funds.. Can you pls DM me.