So they let the miners sit unused while mining is unprofitable? If so, that's annoyingly inefficient... Surely there's something a miner can do other than mine, during these periods..
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Those miners represent a capital investment.
They could recoup some of that investment by selling the rigs.
I'd argue that ai compute & bitcoin mining incentives will constantly compete for energy usage & capital allocation.
What might not be sustainable today may be highly profitable in 3 months.
Yeah but selling rigs means losing whatever the msrkey figures is amortized, and the transportation and taxes. It would be so much better if rigs could sit there and do other tasks
They're only good for hashing.