Vic on Nostr: To mine profitably you need very cheap power. To get the cheapest rates you may need ...

To mine profitably you need very cheap power. To get the cheapest rates you may need to sign power contracts of significant size, for duration. Then you'll want to make sure you're using nearly all power you're paying for. If you can find someone else already going down this road of establishing their own facility, you may be able to rent rack space, power, network, and support from them at a good price.

If you dont mind losses in fiat terms, want to test the waters for kyc free sats at home (residential power rates), then you could start with an Amtminer S19 or better from kaboomracks. It really depends on your budget and how long you want to run. Two other factors to consider for home mining is cooling/airflow and inevitable noise abatement.