Hirom@beehaw.org to Technology@beehaw.org · 1 month agoBitcoin mining is no longer profitablewww.pcworld.comexternal-linkmessage-square64fedilinkarrow-up1157arrow-down10
arrow-up1157arrow-down1external-linkBitcoin mining is no longer profitablewww.pcworld.comHirom@beehaw.org to Technology@beehaw.org · 1 month agomessage-square64fedilink
minus-squarekittenroar@beehaw.orglinkfedilinkEnglisharrow-up3·1 month agoTrue, but the outlay of cost for the hardware was higher than the value of Bitcoin you would receive.
minus-squareBoomkop3@reddthat.comlinkfedilinkarrow-up1·1 month agoThe power bill is more of a concern. Eventually it’ll pay itself back
minus-squarevrighter@discuss.tchncs.delinkfedilinkarrow-up1·1 month agoit has to pay for itself faster than it becomes unprofitale. Which is never, now
minus-squareMDCCCLV@lemmy.calinkfedilinkEnglisharrow-up1·30 days 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.
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
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.