​In the Bitcoin mining industry, the notion of pricing land based on a per-megawatt ($X/MW) metric is a misconception.

As told by Bitcoin Mining Expert Curtis Harris of Compass Mining, Land transactions are typically valued per unit of area, such as acres, and not by their electrical capacity.

For instance, leasing five acres of land might cost around $10,000, with the land expense being a minor component of overall mining operations. The primary factors influencing mining economics are power costs, operational efficiency, and infrastructure quality.

Securing long-term, cost-effective energy agreements and optimizing mining equipment are crucial for profitability. Relying on inflated land valuations without substantiated data can lead to unrealistic financial projections and potential investment pitfalls.

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— BitcoinVersus.tech (@bitcoinversus.bsky.social) 2025-01-17T18:23:17.472Z

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