If we check the last account. They have 37kbtc (14k+23k)

Question

If we check the last account. They have 37kbtc (14k+23k)

but they need 105k BTC, so 105k-37k =68k BTC
they mine 550btc /Month
68k/550=121 month (10years)+operation cost

Did i miss something ?

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15.08.2022

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AHZ · Accepted Answer

AHZ

I don't think you can just simply calculate it like that because Hashrate (mining difficulties) is increasing which means Celsius will generate less bitcoins over time. Also there is an associated annual cost for maintenence & upgrading. Your mining rewards is also hinged on competition. If all other miners decided to upgrade their mining and scale it up, that will slash your rewards.

0

16.08.2022

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If we check the last account. They have 37kbtc (14k+23k)

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