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by ksksks1 1534 days ago
Not really. You buy mining resources to mine it as opposed to purchasing already mined bitcoin.

There’s rarely any paper trail between buying GPUs/ASICs and the mining itself. That’s why these currently sell above the amount they’d be profitable mining with. Because illicit actors are willing to pay a premium for anonymous crypto.

1 comments

Where can you buy GPUs/ASICs with crypto? Or are you just talking about the buyers? If the sellers get spooked I'm not sure it matters if buyers are safe.