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geekmasterflash t1_j9vo9zz wrote

lol, I work in a colocation facility. We have hundreds of these mining setups. It used to be thousands, but a lot of people have begun to realize the cost in electricity to the rate of return on actually mined coin is no longer profitable and hasn't been for almost 6 years, at least.

I would not be shocked if despite running this for potentially months to years before being caught, I would bet dollars to donuts it never generated anywhere near the $18,000 he is being charged for.


schizoballistic t1_j9w1rzn wrote

Yeah. After the halving in 2016, they were pretty much just heaters


ThellraAK t1_ja1smml wrote

I just wish you could get these older ones cheaper.

With the price of diesel where it's at I do actually run space heaters as it's a bit of a wash on electricity vs running the boiler.


someone76543 t1_j9z9m9u wrote

That would be why he stole the electricity instead of paying for it.