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A comment on Nvidia announces mining GPUs, cuts the hash rate of RTX-3060 in half. Parent comment

Re:Nvidia announces mining GPUs, cuts the hash rate of RTX-3... by autokad on Thursday February 18, 2021 @08:33PM (#26188385)
the vast majority of mining happens off renewable energy, because it doesn't make economic sense to mine on non-renewables. its why 'mines' cluster near hydro plants and places that have good solar.
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Re:Nvidia announces mining GPUs, cuts the hash rate of RTX-3... by PragmaticPulp on Thursday February 18, 2021 @09:01PM (#26188597)
> because it doesn't make economic sense to mine on non-renewables

That's not true at all.

You can enter a power cost into this calculator: https://www.nicehash.com/profitability-calculator/nvidia-rtx...

It comes out positive using energy prices from virtually anywhere.

The idea that mining is powered purely by renewables that would somehow otherwise go to waste (that is, not take fossil fuel plants offline) is pure FUD.

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Re:Nvidia announces mining GPUs, cuts the hash rate of RTX-3... by autokad on Friday February 19, 2021 @06:11PM (#26199297)
FUD stands for Fear, Uncertainty, and Doubt. I fail to see how it applies in this context
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