Re:Bitcoin mining becomes unprofitable as BTC price falls to...
by kolinko on Sunday June 19, 2022 @04:58AM
(#31797551)
After some thought: I think you may be confusing “bitcoin mining” as in using gpu to mine other crypto that gets auto-converted to bitcoin with actually mining bitcoin.
The former is popular on gpu, looks the same from the user perspective (to the point of users only needing a bitcoin wallet and receiving payouts only in bitcoin), but doesn’t actually mine any bitcoin underneath - just other cryptos that get transparently exchanged into btc.
The former is popular on gpu, looks the same from the user perspective (to the point of users only needing a bitcoin wallet and receiving payouts only in bitcoin), but doesn’t actually mine any bitcoin underneath - just other cryptos that get transparently exchanged into btc.