Part 5/8:
By June, the miner had realized that the cost-to-profit ratio was no longer favorable. They were left with just $1,900 in total proceeds from mining over six months, significantly less than the initial setup costs. Faced with the reality of high electricity prices, declining mining profits, and intense competition from newer, more efficient mining machines, the decision was made to shut down the operation.
Reflecting on this experience, the miner noted that even with the promise of mining profitability, they had only garnered limited success from mining Caspa, particularly when compared to investing in more stable cryptocurrencies like Bitcoin.