Hirom@beehaw.org to Technology@beehaw.org · 1 year agoBitcoin mining is no longer profitablewww.pcworld.comexternal-linkmessage-square73fedilinkarrow-up1186arrow-down10
arrow-up1186arrow-down1external-linkBitcoin mining is no longer profitablewww.pcworld.comHirom@beehaw.org to Technology@beehaw.org · 1 year agomessage-square73fedilink
minus-squareBoomkop3@reddthat.comlinkfedilinkarrow-up6·1 year ago…but you could buy specialized hardware for it
minus-squarekittenroar@beehaw.orglinkfedilinkEnglisharrow-up4·1 year agoTrue, but the outlay of cost for the hardware was higher than the value of Bitcoin you would receive.
minus-squareBoomkop3@reddthat.comlinkfedilinkarrow-up3·1 year agoThe power bill is more of a concern. Eventually it’ll pay itself back
minus-squarevrighter@discuss.tchncs.delinkfedilinkarrow-up1·1 year agoit has to pay for itself faster than it becomes unprofitale. Which is never, now
minus-squareDragonTypeWyvern@midwest.sociallinkfedilinkarrow-up1·1 year agoGo for that moonshot bro, your creditors will be happy to wait I’m sure.
minus-squareBoomkop3@reddthat.comlinkfedilinkarrow-up2·1 year agoJust clarifying the idea. I don’t support crime by holding up such networks
minus-squareMDCCCLV@lemmy.calinkfedilinkEnglisharrow-up1·11 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
it has to pay for itself faster than it becomes unprofitale. Which is never, now
I know, not the point
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
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.