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Re:23-year-old Texans made $4M last year mining BTC off flar... by iopq on Sunday February 13, 2022 @06:38AM (#30321039)
The difficulty increases pushing out inefficient miners who no longer can afford to mine due to electricity costs. This is a process that always happens.
Re:23-year-old Texans made $4M last year mining BTC off flar... by gregable on Sunday February 13, 2022 @12:37PM (#30323599)
Eventually, but at current prices existing hardware mines at well above electricity prices, so that won't happen any time soon.