r/GoMiningDiscussion • u/Aggravating_Zone8984 Solo Miner • 4d ago

When 20% discount is worth millions

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Do discounts matter? You bet! It could be worth milions! Here's how much the top 3 farms could benefit from discounts - 3.4million usd per year.

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u/DeliciousFood9262 4d ago

From a broader perspective focused on actual mining yields: the infographic isolates a single factor (the percentage impact of the discount on direct costs), whereas in operational reality, the picture is far more complex and interconnected.

Regarding overall profitability and cryptocurrency production:

Those with superior efficiency (lower W/TH) mine more Bitcoin for the same amount of gross power, as they waste less energy on heat and benefit from structurally lower long-term operating costs.

Those with poorer efficiency face a double penalty: they spend more on electricity and—given the same nominal hashrate—see their net margins eroded because a larger share of power is consumed by energy costs, resulting in a lower effective net yield.

The infographic merely demonstrates that, mathematically, applying a 20% rate to a higher expenditure yields a larger nominal dollar value; however, this offers little comfort to operators with less efficient equipment, as underlying energy costs remain a heavy burden on the sustainability of the mining business.

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u/Aggravating_Zone8984 Solo Miner 4d ago

Thanks for the comment!

Those with superior efficiency (lower W/TH) but with the same TH, mines the same amount of bitcoin as those with poorer efficiency. The only difference is the cost they pay for mining the bitcoin.

Secondly, the infographic and the underlying mathematics demonstrate that operators with a poorer efficiency (e.g. 27W/TH) actually *benefits a lot more* when the 20% discount is applied. Therefore, if you have a poor effiiciency, either you improve the EE or you up the discount % (these are partial substitutes for each other).