Besides Electricity, What Are Other Significant Operational Costs for a Mining Farm?
Beyond the primary cost of electricity, mining farms incur substantial capital expenditure (CapEx) for the initial purchase of ASIC hardware, cooling systems, and infrastructure. Operational expenditure (OpEx) includes facility rent or land costs, high-speed internet access, and maintenance personnel wages.
Furthermore, hardware depreciation due to rapid obsolescence and potential repair costs for failed units are major factors impacting long-term profitability.