Interesting way of looking at it. I'm mining for heat as a hobby, with an S17 and an S9... they're efficient heaters and there's the novelty of few sats reward each day. But yeah, it's like gaping wide arbitrage between what I can buy with failing fiat (the anomaly) and the real cost of grinding out sats through mining (the enduring reality). It's like there's a tear in the space-time fabric and we get to play in it for a few years.

Replies (2)

daum3ns's avatar
daum3ns 10 months ago
Exactly.. I mean in the end, in a few years it, doesn't really matter because i pay the electricity with failing fiat too ๐Ÿ˜‚ Bit i have this comparison of work that is done for the sats i get with heating.. I mean its crazy it heats all the house and hot water.. Imagine the total hashrate of bitcoin and you have a fucking volcano ๐Ÿ”ฅ
daum3ns's avatar
daum3ns 10 months ago
Oh I was thinking about this a lot.. If i would find a block the invested money would immediately be paid off...
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