[_nalply]

Fossil energy is just too cheap. If pollution, climate change and other negative effects were really priced in, Bitcoin miners would stop mining or switch to green energy, for example geothermal in Iceland. After all we know there are big mining farms there already.

[_nalply]

Just got the electricity bill. I am mining at home. The electricity company told me that my electricity is about two thirds renewable energy and one fifth nuclear, the rest (exactly 8.2%) is unidentified, perhaps fossil energy. This energy is not cheap, on average 28 cents/kWh, but should I ever reach ROI on the mining appliance, I still have a net gain. If difficulty still rises, I will switch to mining at night only (20 cents/kWh), and even later I will need to speculate on rising prices to justify continuing mining.

It's a hobby, probably not profitable in the end. But hey, FOMO.