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They make the assumption that unprofitable hardware has been retired. But this assumes that the person profiting from the mining is also paying for the electric

by linsen 10y ago

They make the assumption that unprofitable hardware has been retired. But this assumes that the person profiting from the mining is also paying for the electricity.

foepys 10y ago
> But this assumes that the person profiting from the mining is also paying for the electricity. Otherwise it doesn't make sense. You cannot steal electricity forever.
- empath75 10y ago
  You can hack into new aws accounts forever.
  - mrb 10y ago
    AWS is highly inefficient to mine Bitcoins. A 4-GPU EC2 instance will mine less than $0.50 per year(!) Realistically the proportion of miners who steal power is likely very small, as in one or two percentage points.