My M2 Pro arrives today and excited and a little anxious about setting it up. Some good information out there by some influential and knowledgeable YouTubers about the recent fuel issues. Nevertheless, it still remains a very decent investment for the costs associated. If you remove your earnings then your fuel decreases and the profitability goes down…so keep your coins in the for the long term to earn interest (or equivalent). You can also earn about $1 a day mining bitcoin and other coins at the same time.
It does seem like a long term investment as opposed to something you can take a monthly earning from. However, from what I have seen is that once ROI has been achieved you can then empty your miner and reduce fuel by 50%. It will never go below that and will gradually increase over time. Take earnings from that miner and purchase a new one from your ROI. Wash-rinse-repeat…The depleted miner will not be as profitable but it has returned its investment an is still earning passive income for next to nothing. If you build up your stock of miners then profits increase.
I am no expert and there may be holes in my theory but as a layman that is what I have deduced from hours of research…mainly youtube!
I will try to update my experience once set up if anyone is interested.
