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Stupid question, it would be negative ROI as electricity costs eclipse BTC value
by mammajamma 9y ago
Stupid question, it would be negative ROI as electricity costs eclipse BTC value
- gus_massa 9y agoCorrect answer, but bad tone. From https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html > In Comments > Be civil. Don't say things you wouldn't say in a face-to-face conversation. Avoid gratuitous negativity. Somewhat related: If someone steals your Amazon credentials, he can use them to mine bitcoins. Using the CPU to mine bitcoin is not efficient and the value of the mined bitcoins will be much smaller that the cost of electricity and Amazon services, but it doesn't mater because he is not paying the bill. For example read: http://www.securityweek.com/how-hackers-target-cloud-services-bitcoin-profit http://www.securityweek.com/how-hackers-target-cloud-service... PS: It may be a interesting to know this as a theoretical question. But as a practical question, the idea is not profitable at all.