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> The amount of energy worth buying to mine crypto is exactly equal to the value of the crypto mined This is a bit trickier. If they have equipment already the
by matkoniecz 4y ago
> The amount of energy worth buying to mine crypto is exactly equal to the value of the crypto mined
This is a bit trickier. If they have equipment already then it changes situation.
Cost of computing hashes includes mostly energy and hardware.
As long as it can pay for operating costs, they will continue to do this, even if buying electronics for that is no longer profitable
(unless selling equipment is more profitable)