Hacker News Reader

you can do that same thing without the bitcoin mining.

the fact they got better returns on the energy market , they should have skipped the bitcoin part and used the extra capital they wasted on bitcoin miners to buy even more advance baseline generation to resell on the spot markets

View on HN

You do understand that having those miners mean they make money during the time in which your scenario the facility would be a net negative (depreciation, maintenance, labor) while it would be idle or only selling energy at a low premium.

no facility, no maintenance, no labor.

just as one can invest in commodities without owning a warehouse and taking physical possession of them.

https://commons.m.wikimedia.org/wiki/File:A1_Houston_Office_...

Reply on news.ycombinator.com