Comment on Bitcoin mining is no longer profitable

• kittenroar@beehaw.org ⁨2⁩ ⁨days⁩ ago

  True, but the outlay of cost for the hardware was higher than the value of Bitcoin you would receive.

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  • MDCCCLV@lemmy.ca ⁨1⁩ ⁨day⁩ ago

    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.

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  • Boomkop3@reddthat.com ⁨2⁩ ⁨days⁩ ago

    The power bill is more of a concern. Eventually it’ll pay itself back

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    • vrighter@discuss.tchncs.de ⁨1⁩ ⁨day⁩ ago

      it has to pay for itself faster than it becomes unprofitale. Which is never, now

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      • Boomkop3@reddthat.com ⁨1⁩ ⁨day⁩ ago

        I know, not the point

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    • DragonTypeWyvern@midwest.social ⁨2⁩ ⁨days⁩ ago

      Go for that moonshot bro, your creditors will be happy to wait I’m sure.

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      • Boomkop3@reddthat.com ⁨2⁩ ⁨days⁩ ago

        Just clarifying the idea. I don’t support crime by holding up such networks

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