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by vertex-four
4497 days ago
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The assertion is that there's roughly enough miners that miners make only a little profit. If your electricity costs $80 and you're likely to make $100, you're going to do it, and the OP is making an assumption that enough people have made that calculation that the amount of money made per miner is close to the cost of electricity per miner. Therefore, the cost of electricity used should be close to the value of the bitcoins produced. |
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