Seriously. This is so much bullshit. The bigger operations are out in the north west where hydro power is abundant and cheap. I’m sure plenty of others have made moves to run on solar or wind as well. Power costs make or break profitability for a crypto mine.
JimmyBigSausage@lemm.ee 9 months ago
Fake news
rdyoung@lemmy.world 9 months ago
DragonTypeWyvern@literature.cafe 9 months ago
rdyoung@lemmy.world 9 months ago
That doesn’t apply to crypto and the fact that you think it does tells me that you have no idea what is going on here.
stembolts@programming.dev 9 months ago
The concept of opportunity cost applies to everything.
If you think it does not, then I now know the person that should be explaining crypto electric consumption to me is a person who failed to fully grasp the concept of opportunity cost.
Enlightening… at least…
smileyhead@discuss.tchncs.de 9 months ago
You are talking like if this was creating any real value. Replace “mining crypto” with “wasting” in these.
terminhell@lemmy.dbzer0.com 9 months ago
[deleted]SeaJ@lemm.ee 9 months ago
I don’t think you understand how electricity works. Like at all. Do you think things max out at using 1 kWh? Why 1kWh and not simply 1 Wh? Or why could they not use 1 MWh? Should I inform the power company that they are clearly billing me wrong since they claim I use over 8760 kWh per year?
Lmaydev@programming.dev 9 months ago
You can use more than one KW an hour lol
riodoro1@lemmy.world 9 months ago
Fuck. You can !?
I’ve been turning off my stove every time i used a hair dryer for nothing?
Thorny_Insight@lemm.ee 9 months ago
…what? Are you implying there aren’t enough hours in a year to use up that much energy? That doesn’t make any sense. What do you imagine is the maximum amount of energy a single person can use then?
rdyoung@lemmy.world 9 months ago
Someone with some brains. I think I like you.
SeaJ@lemm.ee 9 months ago
Which part?