Re:SolarBatteryBitcoin
by throwaway4good on Thursday April 22, 2021 @11:56AM
(#26904226)
The mining hardware made by Bitmain uses the latest high-end fabrication nodes from TSMC. How much TSMC's manufacturing capacity is used by cryptocurrency is unclear; the number is hidden inside the high performance computing segment in TSMC's financial statements. But it is probably a sizeable part.
Since this model is mining with "free" power, it seems like even less efficient hardware could still be used profitably which would extend the depreciation (and reduce e-waste concerns). They might even buy used miners that are considered too inefficient by other companies.
So the idea of switching it on and off according to energy prices doesn’t really hold.