Mining cryptocurrency is an energy-intensive undertaking, with recent reports divulging that just 137 crypto miners use 2.3% of the total electricity produced in the U.S.
:)
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They were able to get as much as they want from their AirBNB experience. Most people are using it to spend a lots of money. While these people with ASIC Miners maximized their profit taking while using an AirBNB.
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Dubious.
From thinking about various homes I've lived in, I would guesstimate that the electrical panel could only support max 200 amps -- thats with every other item in home turned off, no fridge, no A/C, etc.
200 amps @ 120V = 24000 watts The average bitcoin miner uses 3500 watts (?), therefore thats like 7 miners.
Can 7 miners mine 1.5 BTC in 3 weeks?
Dubious.
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32 sats \ 1 reply \ @k00b 29 Aug
I’d guess they made $100k in aggregate. If it only cost the owner $1500, there’s no reason to steal electricity.
I will not be surprised if this is true. There are accusations that Bitcoin mining is really a monster when it comes to electric consumption but those are hearsay evidence. With enough ASIC machines you can get as much as 2 to 3 Bitcoins which is more than enough to cover for lease and electricity cost for 3 weeks. Even for other items in the invoice.
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22 sats \ 0 replies \ @OT 29 Aug
Lol
Pretty funny to do such a thing. Would the cost of renting an AirBNB be more expensive than whatever they made mining?
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This should somehow give you an idea as to where you put your ASIC Miners. We were given an idea as to where we should focus our resources to gain more from Staycations. I salute their ingenious strategy for I am perfectly sure that this is not fake news.
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Wow. Now that’s some hefty ROI from their holidays!
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