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Hirom@beehaw.org to Technology@beehaw.org · 1 month ago

Bitcoin mining is no longer profitable

www.pcworld.com

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Bitcoin mining is no longer profitable

www.pcworld.com

Hirom@beehaw.org to Technology@beehaw.org · 1 month ago
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Reports indicate that mining a single Bitcoin now costs far more in electricity than it's worth, even at sky-high prices.
  • elgordino@fedia.io
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    1 month ago

    Yeah this article is woefully uninformed. Author seems to be butt hurt about GPU pricing rather than any serious interest in how the protocol actually works.

    • bjorney@lemmy.ca
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      1 month ago

      The quote is actually from the article this one paraphrased and linked to, while leaving out all of the actual, you know, information

      • TachyonTele@lemm.ee
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        1 month ago

        So wait. You’d have to read the article and not just the headline to know the story?

        • gonzo-rand19@moist.catsweat.com
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          1 month ago

          No, you’d have to read the article that this one linked to. :b

          • TachyonTele@lemm.ee
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            1 month ago

            Lol fair enough

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