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Hirom@beehaw.org to Technology@beehaw.org · 7 days ago

Bitcoin mining is no longer profitable

www.pcworld.com

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Bitcoin mining is no longer profitable

www.pcworld.com

Hirom@beehaw.org to Technology@beehaw.org · 7 days ago
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  • kittenroar@beehaw.org
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    6 days ago

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

    • Boomkop3@reddthat.com
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      6 days ago

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

      • vrighter@discuss.tchncs.de
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        6 days ago

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

        • Boomkop3@reddthat.com
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          5 days ago

          I know, not the point

      • DragonTypeWyvern@midwest.social
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        6 days ago

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

        • Boomkop3@reddthat.com
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          6 days ago

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

    • MDCCCLV@lemmy.ca
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      5 days 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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