this post was submitted on 09 Feb 2024
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Just 137 crypto miners use 2.3% of total U.S. power — government now requiring commercial miners to report energy consumption (www.tomshardware.com)
submitted 9 months ago by [email protected] to c/technology
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[–] [email protected] 4 points 9 months ago (1 children)

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.

[–] orrk 2 points 9 months ago

no, that's the magic of speculative market financing