Re:Ethereum 2.0 – Minimum deposit reached
by latchkey on Tuesday November 24, 2020 @12:12PM
(#25200468)
Large scale (>2MW++) (ethereum) miner here.
We use hydropower because it is clean and cheap. Those are the incentives.
The aluminum plants shut down... not stay running. Both mining and plants use huge amounts of continuous power. Bitcoin mining is far more profitable... no need to keep the aluminum going.
We use hydropower because it is clean and cheap. Those are the incentives.
The aluminum plants shut down... not stay running. Both mining and plants use huge amounts of continuous power. Bitcoin mining is far more profitable... no need to keep the aluminum going.