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This story is unbelievable. The power costs versus profit make no sense, and if you had 10 magical supercomputers that could mine $100,000 of crypto against a $
by avree 2y ago
This story is unbelievable. The power costs versus profit make no sense, and if you had 10 magical supercomputers that could mine $100,000 of crypto against a $1,500 power investment, you surely wouldn't waste your time moving them around - or get the proper cooling setup in a random Airbnb, over and over.
- stanislavb 2y agoThis. The numbers just don't add up in order for this to make any sense.
- tomooot 2y ago$100 is plausible though, and if you had some outdated mining hardware (still likely to be single use ASIC hashing setups rather than computers) along with a lack of morals/ethics, then I can see it happening for sure.
- sigmoid10 2y agoNot really. Maybe not $100k, but there is definitely a good profit range here. You can buy Asics today that give you 3 to 4 Dollars per kWh (not BTC obviously since that is way less profitable). If you assume that the price of electricity was average for the US (~15c/kWh), a $1500 monthly bill means roughly 10,000kWh. That would be 30k-40k Dollars in crypto. Even more if they were early. The problem is that these Asics make Nvidia enterprise card prices look reasonable. So only super cash loaded people can profit from that right now.