Bitcoin mining becomes unprofitable as BTC price falls to average cost of mining
Link: https://finbold.com/bitcoin-mining-becomes-unprofitable-as-btc-price-falls-to-the-average-cost-of-mining/
Discussion: https://news.ycombinator.com/item?id=31796239
@hn50 this is great news for many people needing an upgrade to now years old computer hardware! Finally there's a chance to buy some decently priced second hand stuff.
@fuchsiashock @hn50 I've heard the same thing, but there's an excess of a large amount of GPU's now that hopefully won't ever be used to waste energy the way there were used to anymore. seeing them get a second life in devices where people have good use for them would be awesome :)
@hn50 hurray! The ponzi scheme is stuttering
@hn50 maybe this will spur some to finally install solar panels
@hn50 👍