News for hackers. Stuff that matters.

A comment on GPU mining no longer profitable after Ethereum merge. Parent comment

Re:GPU mining no longer profitable after Ethereum merge by latchkey on Friday September 16, 2022 @11:10PM (#32874426)
At a commercial level (megawatts), power companies absolutely get to pick the price.
[ Parent | on HN ]
Re:GPU mining no longer profitable after Ethereum merge by zamfi on Saturday September 17, 2022 @01:17AM (#32874963)
They can’t pick a price below their marginal cost, though—that’s the problem with copper mines, and it’s a problem with power, too
[ Parent | on HN ]