• mushroommunk@lemmy.today
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      4 months ago

      I haven’t done the math, but you are forgetting the massive tax breaks for “job creation” and subsidizing the energy cost across the population around you. That’s gotta help the profitability

    • BlackLaZoR@lemmy.world
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      4 months ago

      Doubtful. Crypto mining is insanely optimized. Hardware value depreciation alone would kill profitability. We’re talking 20k chips having to compete with $200 consumer GPUs