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At an individual level though, increasing the hash rate of your setup without impacting energy usage means more efficient mining (cheaper to run and faster to r
by jimmydorry 5y ago
At an individual level though, increasing the hash rate of your setup without impacting energy usage means more efficient mining (cheaper to run and faster to recoup investment). Long-term, the least efficienct miners get forced out until there is no profit to be had for the effort involved.
- ckastner 5y ago> increasing the hash rate of your setup without impacting energy usage means more efficient mining No, it just means you get more MH/s. It's also (probably) not cheaper to run, unless the cards actually draw less power as well. Whether that's cost-efficient or not depends on the reward. And with hundreds of TH/s suddenly being freed from LHR, your individual reward will all but certainly go down.