misk@sopuli.xyz to Technology@lemmy.worldEnglish · 5 months agoJust 137 crypto miners use 2.3% of total U.S. power — government now requiring commercial miners to report energy consumptionwww.tomshardware.comexternal-linkmessage-square363fedilinkarrow-up11.02Karrow-down130cross-posted to: technology@lemmy.world
arrow-up1988arrow-down1external-linkJust 137 crypto miners use 2.3% of total U.S. power — government now requiring commercial miners to report energy consumptionwww.tomshardware.commisk@sopuli.xyz to Technology@lemmy.worldEnglish · 5 months agomessage-square363fedilinkcross-posted to: technology@lemmy.world
minus-squarelong_chicken_boat@sh.itjust.workslinkfedilinkEnglisharrow-up4·5 months agothey 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-squareorrk@lemmy.worldlinkfedilinkEnglisharrow-up2·5 months agono, 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