Hirom@beehaw.org to Technology@beehaw.org · 2 months agoBitcoin mining is no longer profitablewww.pcworld.comexternal-linkmessage-square74fedilinkarrow-up1186arrow-down10
arrow-up1186arrow-down1external-linkBitcoin mining is no longer profitablewww.pcworld.comHirom@beehaw.org to Technology@beehaw.org · 2 months agomessage-square74fedilink
minus-squareBoomkop3@reddthat.comlinkfedilinkarrow-up6·2 months ago…but you could buy specialized hardware for it
minus-squarekittenroar@beehaw.orglinkfedilinkEnglisharrow-up4·2 months agoTrue, but the outlay of cost for the hardware was higher than the value of Bitcoin you would receive.
minus-squareBoomkop3@reddthat.comlinkfedilinkarrow-up3·2 months agoThe power bill is more of a concern. Eventually it’ll pay itself back
minus-squareDragonTypeWyvern@midwest.sociallinkfedilinkarrow-up1·2 months agoGo for that moonshot bro, your creditors will be happy to wait I’m sure.
minus-squareBoomkop3@reddthat.comlinkfedilinkarrow-up2·2 months agoJust clarifying the idea. I don’t support crime by holding up such networks
minus-squarevrighter@discuss.tchncs.delinkfedilinkarrow-up1·2 months agoit has to pay for itself faster than it becomes unprofitale. Which is never, now
minus-squareMDCCCLV@lemmy.calinkfedilinkEnglisharrow-up1·2 months agoIn theory if you didn’t have heating you could get a cheap used machine and run it and the revenue might cover the cost of heating and you get a free to run space heater.
…but you could buy specialized hardware for it
True, but the outlay of cost for the hardware was higher than the value of Bitcoin you would receive.
The power bill is more of a concern. Eventually it’ll pay itself back
Go for that moonshot bro, your creditors will be happy to wait I’m sure.
Just clarifying the idea. I don’t support crime by holding up such networks
it has to pay for itself faster than it becomes unprofitale. Which is never, now
I know, not the point
In theory if you didn’t have heating you could get a cheap used machine and run it and the revenue might cover the cost of heating and you get a free to run space heater.