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by zMiller 1832 days ago
It's a question of opportunity cost of electricity, not absolute numbers:

- You live in a place where the "cost" of mining = Electricity + Amortized cost of mining rig.

- Someone else lives in a place where "cost" of mining = (Electricity + Amortized Blackmarket Rig Cost) - (5% Inflation per month - 30% reduction in remittance fee -etc..)