4 ms·

Only if the expected return of mining is greater than the cost of the electricity. No one will spend $2 to get $1 worth of crypto.

• n1c 8y ago
  Some people take the short-term risk, on the assumption that the crypto will be worth more in the future.
  • kgwgk 8y ago
    Even if they could buy twice as much at a exchange?
    • aeternus 8y ago
      Yes, but it isn't rational and probably won't persist once the novelty of mining wears off.