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A comment on Bitcoin mining becomes unprofitable as BTC price falls to average cost of mining. Parent comment

Re:Bitcoin mining becomes unprofitable as BTC price falls to... by shawabawa3 on Sunday June 19, 2022 @04:36AM (#31797446)
This is just not true

Other coins are minable with GPUs (because their algorithm was purposely designed to be ASIC resistant)

But bitcoin has been exclusively ASIC mined since probably 2013 at least

Even with free electricity and stolen GPUs you cannot profitably mine bitcoin (you'd get a fraction of a penny a month, less than the cost of simply storing a gpu)

[ Parent | on HN ]
Re:Bitcoin mining becomes unprofitable as BTC price falls to... by icelancer on Sunday June 19, 2022 @06:13AM (#31797965)
>> Even with free electricity and stolen GPUs you cannot profitably mine bitcoin (you'd get a fraction of a penny a month, less than the cost of simply storing a gpu)

And even if you could mine it profitably, you would be better off mining the worst shitcoin instead, much less a reasonable alternative like ETH or RVN.

[ Parent | on HN ]