Bitcoins mined in March 2022
BTC mined in March 2022: 0.311 BTC (vs 0.268 BTC in February)
BTC value when mined: $13,171
BTC value now (April 8th 2022): $13,308
March was one of the best months for miners. Not only the mining difficulty decreased twice in a row, but also the price of Bitcoin showed some promising runs. BTC was $44k on March 1st, but dropped all the way to $38k on March 13th. After that it had a monstrous run to over $47k on March 29th. Unfortunately in the last few days, it dropped down again to $44k.
In any case, this is the first month that I am writing this summary and the value of BTC mined is now higher then value at the time of mining.
My Bitcoins mined life time since November 2021
BTC mined: 1.18 BTC
BTC value when mined: $51,196
BTC value now (March 15th 2022): $50,446
Wohoo, I am a full Bitcoiner now, mined over 1 full BTC since started in November. It is a good feeling to be honest, although it does not really mean anything.
If I wrote this summary few days ago, when BTC was $46k on April 2nd, I could have said that finally my total BTC value is higher now, than at the time of mining. Unfortunately, the drop in price in the last few days means I am going to have to wait a little more to say that.
After 2 difficulty declines in March, we had a large 4% increase on March 30. That will definitely have impact on mining performance in April. Fortunately it looks like the next adjustment will be a decline again, but it is too early to be sure.
March 2022 Mining and Crypto.com posts
I tried to be more active in March, and produce more content for the blog. Thanks to starting with Crypto.com, I accomplished that.
- I updated my experience with Wattum management. It has been 3 months since I started to mine with them. Check my latest ROI in that update
- I also did an update on my experience with Zionodes mining. It has been 4 months since my first miners with them went online.
- Compass mining raised their hosting prices by 15% in March. I only found out because I read their discord pretty often, and people were not happy about that change for sure.
- I started with Crypto.com and staked for their Icy White Crypto.com Visa. I need to start creating a monthly summary for my Crypto.com profits.
- As already mentioned, bitcoin mining difficulty decreased twice in march, which was a great relief for all the miners after quite significant increases in January and February.
- I tested Crypto.com Instant deposit feature, and it sucks. Go ahead and read a review about how it is not instant at all.
- And finally, probably a post I put the most of effort into so far – list of all LoungKey Lounges that you get access to with Crypto.com card. 10s of hours of manually copying airport and lounges names, separating them into continents and countries, etc…Felt like a data entry intern. But I think it was worth it.