Re:Cambridge Bitcoin Electricity Consumption Index
by shawabawa3 on Wednesday February 10, 2021 @10:39AM
(#26090586)
Most people mining use something like NiceHash, which rents out your hashpower to people who use it to mine the currently most efficient asset (usually ethereum/monero/doge+ltc)
Mining bitcoin with a GPU would take around 5000 years in the best case scenario to pay off _with free electricity_
Mining bitcoin with a GPU would take around 5000 years in the best case scenario to pay off _with free electricity_