misk@sopuli.xyz to Technology@lemmy.worldEnglish · 11 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-square271fedilinkarrow-up11.01Karrow-down130cross-posted to: environment@lemmy.worldhackernews@lemmy.smeargle.fanstechnology@lemmy.world
arrow-up1975arrow-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 · 11 months agomessage-square271fedilinkcross-posted to: environment@lemmy.worldhackernews@lemmy.smeargle.fanstechnology@lemmy.world
minus-squarelong_chicken_boat@sh.itjust.workslinkfedilinkEnglisharrow-up4·11 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-up2·11 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