Featured analysis
GoMining
Research in progress — no verdict yet
Can you mine Bitcoin without operating the hardware — and does the remaining return justify the risk?
The full analysis is being written. Costs, deductions, risks, alternatives and conflicts must be complete before UBWHY publishes any verdict, positive or negative.
The question the numbers have to answer
- Gross reward
- minusElectricity
- minusService costs
- equalsNet reward
Receiving Bitcoin is not the same as earning a return. What matters is what survives the deductions.
The UBWHY framework
A repeatable process for better decisions
Every product goes through the same five questions, in the same order. The verdict comes last, and only once the first four are answered.
Mechanics
What does the product actually do?
Economics
Where does the value or return come from?
Costs
What is charged, deducted, or lost?
Risks
What assumptions could fail?
Verdict
Who may find it suitable, under what conditions, and who should avoid it?
Current series
GoMining, in short form
Three short explainers covering the mechanics before the analysis draws any conclusion.
The basic model
Can you mine Bitcoin without buying and operating physical mining hardware?
TH/s vs W/TH
What does one terahash buy, and why does energy efficiency affect what remains?
Gross reward vs return
Why is receiving Bitcoin not the same as earning a good return?
How UBWHY works
A recommendation has to earn its place
UBWHY is funded in part through affiliate relationships. That is exactly why the analysis is completed, and the verdict written, before any link is considered.
- Affiliate status does not determine the verdict.
- Material costs and risks are not hidden.
- Products may pass, fail, or pass conditionally.
- Some analyses will contain no affiliate link.
- Personal use, complimentary access and referral benefits are disclosed with the relevant analysis.
The question behind the name
Understandable. But why?
Most finance products sound understandable — until you ask where the return comes from, what it costs, what can go wrong and who benefits.