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Sometime last year, someone had writeup where they worked out that buying enough gas (I forget if "natural" or "-oline") to mine 1 bitcoin, ignoring fixed costs
by a1369209993 7y ago
Sometime last year, someone had writeup where they worked out that buying enough gas (I forget if "natural" or "-oline") to mine 1 bitcoin, ignoring fixed costs like the generator or GPU, would cost them ~1.2 BTC. That might change if you live near a oil well/refinery/coal mine, but I'd kinda like to see a statistical analysis of whether bitcoin time-between-blocks varies with time of day based on which areas have excess solar power.
- dzhiurgis 7y agoI keep wondering can you design a solar panel that uses photonic bitcoin mining. That would be ridiculously efficient.
- autonoshitbox 7y agoOnly until everyone else has them too
- eli 7y agoIf you want to make money with solar seems like it’d be a lot easier to just sell the electricity back into the grid