are we talking about people doing bitcoin mining or hash cracking?
bitcoin mining is an extremely competitive business of finding the cheapest sources of energy and mining hardware; because the cheapest energy sources are all renewable, mining bitcoin with fossil-fuel-produced power is unprofitable. so the electricity we're using to mine bitcoin is mostly solar, wind, and hydroelectric
as for the cracking, i don't think we know anything about where it was done or how much energy was needed, but if the energy cost was significant, i'd expect the solver to have done it somewhere where energy was cheap
GTP|1 year ago
kragen|1 year ago
bitcoin mining is an extremely competitive business of finding the cheapest sources of energy and mining hardware; because the cheapest energy sources are all renewable, mining bitcoin with fossil-fuel-produced power is unprofitable. so the electricity we're using to mine bitcoin is mostly solar, wind, and hydroelectric
as for the cracking, i don't think we know anything about where it was done or how much energy was needed, but if the energy cost was significant, i'd expect the solver to have done it somewhere where energy was cheap