3 ms·
Bitcoin mining is dominated by capex, not opex. It makes much more sense to buy your rigs and pay whatever you have to pay to keep them on 24/7.
by heartbeats 6y ago
Bitcoin mining is dominated by capex, not opex. It makes much more sense to buy your rigs and pay whatever you have to pay to keep them on 24/7.
- samatman 6y agoPerhaps some limited utility for remote locations where methane is being flared off, because both capturing the methane and transmitting electrical power are too expensive. Putting a generator in place to convert the methane to electricity, then crunching the value into bits on-site, might add up. I agree that it isn't going to be useful for periodic cheap energy, however; there's no scenario where intermittently running your ASICs is going to add up.