Reply to post: cost of electricity to mine the bitcoins [varies around the world]

Dollar for dollar, crafting cryptocurrency sucks up 'more energy' than mining gold, copper, etc

bombastic bob Silver badge
Devil

cost of electricity to mine the bitcoins [varies around the world]

a co-generation system might make more money with bitcoin mining than selling the extra electricity to the utility...

same with solar panels. just sayin'

I suspect North Korea already takes this into consideration - the local cost of electricity vs profit of bitcoin. What, you think they're NOT mining lots of bitcoin? OK...

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