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[–]12151961?0 points
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Uhh it was profitable even at .30 kwh even .15 now so I don't know what your implying.
The problem is that everyone's entertainment for a few hours of the day can be used the rest of that time to make money.
When people didn't realize that hey this $150 card will make me $150 in 3 months, everyone else went holy fuck I better invest cause I can ROI in 1 quarter.
[+]B3bomber0 points0 points0 points
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(edited ago)
[–]B3bomber0 points
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$80 a month minimum bill. My rates are .25 kwh (base rate, .33+ higher tiers). Hawaii tends to be cheaper.
So...
The cards I aim for would be $200 range, current prices are $400+. This is not happening. Also, other than selling crypto at an exchange, they have no value since they're being used as a commodity and not currency.
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[–] B3bomber ago
California and cheap electricity does not exist unless you are one of those Section 8 housing people.
So yeah, miners ruin the market for video cards which are needed for my entertainment.
[–] 12151961? ago
Uhh it was profitable even at .30 kwh even .15 now so I don't know what your implying.
The problem is that everyone's entertainment for a few hours of the day can be used the rest of that time to make money.
When people didn't realize that hey this $150 card will make me $150 in 3 months, everyone else went holy fuck I better invest cause I can ROI in 1 quarter.
[–] B3bomber ago (edited ago)
$80 a month minimum bill. My rates are .25 kwh (base rate, .33+ higher tiers). Hawaii tends to be cheaper.
So...
The cards I aim for would be $200 range, current prices are $400+. This is not happening. Also, other than selling crypto at an exchange, they have no value since they're being used as a commodity and not currency.