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yeah, but there always will be someone who doesn't turn it off, especially when the prices are going up. Also, they hold up the "floor price" for electricity a
by bouncycastle 6y ago
yeah, but there always will be someone who doesn't turn it off, especially when the prices are going up.
Also, they hold up the "floor price" for electricity and push it up, meaning that electricity prices will never be cheaper.
- CydeWeys 6y agoNot at these prices. You'd be losing huuuge amounts of money continuing to mine when electricity prices have shot up 10-100X. If you really want that Bitcoin it'd be much cheaper to turn your miners off and then just buy it at market price those few days while electricity prices are insanely high. > Also, they hold up the "floor price" for electricity and push it up, meaning that electricity prices will never be cheaper. This comment seems unconnected to the present situation in Texas.