Re:Spot Bitcoin ETF receives official approval from the SEC
by latchkey on Wednesday January 10, 2024 @10:56PM
(#38947370)
If my operation is earning more ROI, that's my benefit.
Re:Spot Bitcoin ETF receives official approval from the SEC
by AlexandrB on Wednesday January 10, 2024 @11:03PM
(#38947418)
The post you were replying to was talking about conserving energy, not maximizing ROI in a zero-sum game:
> I work in architecture and year after year the industry is pushing to squeeze every last bit of energy efficiency out of everything.
This is completely irrelevant because the protocol is designed to scale difficulty with the hashrate. The only benefit of improving J/Ghash is to get a leg up on other bitcoin miners.