Carlo
Sat Jan 18 2025
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5 answers
1612
What is the cheapest time of day to use electricity?
I want to know the cheapest time of day to use electricity so that I can manage my energy consumption more efficiently and save money on my utility bills.
DigitalBaron
Thu Dec 26 2024
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7 answers
1404
Why is Bitcoin mining no longer profitable?Electricity costs are a critical factor for miners, as mining is energy-intensive and power bills often represent the largest expense. The cost per kilowatt-hour (kWh) directly impacts profitability, which is why many Bitcoin mining colocation services use power rates as their primary pricing model.
Bitcoin mining is no longer profitable due to high electricity costs. Mining is energy-intensive, and power bills are the largest expense. The cost per kWh directly affects profitability, leading many mining colocation services to base their pricing on power rates.
