[cwyers]

Banks aren't setting themselves on fire in the course of operation:

http://gizmodo.com/a-huge-fire-took-out-a-bitcoin-mining-ope...

Because banks aren't setting themselves up in places based on the electricty cost. And shoving rackmount servers in close proximity and underventilating them. Even huge fintech operations aren't chasing cheap power at the exclusion of other concerns. Banks do not use the kind of electricity that cryptocurrency uses, when you control for the volume of usage of each.

[celticninja]

So from a sample size of 1 you think all miners are setting g themselves on fire?