I’m looking at an apartment to move in and it comes with free electricity and water as part of the contract.<p>Considering this and a budget of $1000, is crypto-mining profitable in 2024?<p>Some concerns are: budget limit of $1000, noise, heat!
does it concern you that <i>someone</i> will be paying for the electricity you use? Neighbors, landlord, town?<p>If the building had a swimming pool, would you think it ethical for you to sell tickets to the public to use the pool? Is what you propose different?
This is in your price range no?<p><a href="https://www.aliexpress.us/item/3256806964200030.html" rel="nofollow">https://www.aliexpress.us/item/3256806964200030.html</a><p>With a similar device (the above is an S21) it is claimed you can earn about $5 a day with NiceHash (I think a Bitcoin miner pool)<p><a href="https://www.nicehash.com/profitability-calculator/bitmain-antminer-s19-pro" rel="nofollow">https://www.nicehash.com/profitability-calculator/bitmain-an...</a><p>the device then pays for itself in 4-5 months.
Read your lease carefully, there maybe a clause that restrict mining or other abuse of "free" electricity. They may not have individual power meters but they may have other means to determine if one of their tenants is using too much power.
I suggest not doing that because it would violate the spirit of the perk. This is likely to result in you ultimately losing that perk, and losing favor with the lord, who may not wish to renew your contract.<p>Also, crypto in 2024? Come on, dude. That ship has sailed. If you want to grift, AI is the current thing for that.