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Negative-sum, actually, since the costs of building and operating the mining hardware are massive and have to be paid for by fiat.
by thematrixturtle 5y ago
Negative-sum, actually, since the costs of building and operating the mining hardware are massive and have to be paid for by fiat.
- remmargorp64 5y agoNot necessarily. There are situations, for example, where energy that would otherwise be completely wasted is being used to mine BTC. For example: https://www.cnbc.com/2022/02/12/23-year-old-texans-made-4-million-mining-bitcoin-off-flared-natural-gas.html https://www.cnbc.com/2022/02/12/23-year-old-texans-made-4-mi...