misktoTechnology@lemmy.worldEnglish·8 months agocross-posted to: technology@lemmy.worldJust 137 crypto miners use 2.3% of total U.S. power — government now requiring commercial miners to report energy consumption(www.tomshardware.com)external-linkarrow-up11.02Karrow-down130message-square360fedilink
arrow-up1989arrow-down1external-linkJust 137 crypto miners use 2.3% of total U.S. power — government now requiring commercial miners to report energy consumption(www.tomshardware.com)misktoTechnology@lemmy.worldEnglish·8 months agocross-posted to: technology@lemmy.worldmessage-square360fedilink
minus-squarelong_chicken_boatEnglisharrow-up4arrow-down0·8 months agolinkfedilinkthey should be doing that, otherwise I don’t get how they are making any profit with those huge electricity bills. Last time I checked it, with electricity prices it wasn’t worth it to mine cryptocurrency.
minus-squareorrkEnglisharrow-up2arrow-down0·8 months agolinkfedilinkno, that’s the magic of speculative market financing
they should be doing that, otherwise I don’t get how they are making any profit with those huge electricity bills. Last time I checked it, with electricity prices it wasn’t worth it to mine cryptocurrency.
no, that’s the magic of speculative market financing