Ashley Class revealed in a TikTok video that she has banned cryptomining from her short-term rentals after an experience at one of her North Carolina properties.Read Entire Article
People still do this? Didn’t think it was really a doable thing anymore
Mining is still doable, you’ll just be spending more on your electric bill than you manage to mine. If you’re using someone else’s electricity though, it’s all profit lol
I have a friend who lives in an apartment where utilities are a flat rate included in the monthly rent, and he still has his PC mining when it’s not in use.
That’s interesting. I’m planning a ridiculously large solar power system, mostly sized to allow car charging and water and space heating during poor weather in winter
The upshot of that is when it’s not a rainy winter day it’ll make more power (after what we can use or store) than we’re allowed to export, and more than we can use for part of the day; for practically all the day in summer
That power is worth nearly nothing. If we can’t use it it’ll be wasted (the inverter will move generation away from maximum power point until generation meets usage + export limit)
I wonder how many watts a crypto rig can suck; I wonder what crypto over could mine with 3kW x 6 hours; how much with 10kW x 8 hours
It’d be pretty fun to set up n crypto miners to come on incrementally as they become the best use of generated power. I wonder how long they’d need to run to pay for themselves at $AU0.08 per kWh (export tariff after the first few kilowatt hours, marginal cost of electricity wasted rather than exported)
It’d be pretty fun to set up n crypto miners to come on incrementally as they become the best use of generated power.
If you’re more altruistically inclined, you could run BOINC https://boinc.berkeley.edu/
Unless you already have the hardware, buying new just to profit off the short time where it makes sense is not going to pay off.
Indeed, but it’s fun to think about. And it’s an awful lot of hardware to consume fifteen kilowatts, even if 5 kilowatts was spent keeping it cool
Maybe the math works out if you’re not paying for the electricity?
They apparently made $100k, when you’re not paying for electricity everything is profit (and you’d have more incentive to bring in as much power as possible)
If they made $100k, then why would they need to rent an Airbnb, where they only use $1500 in electricity?
I have no idea, that’s just what the article said
Returns on mining are highly luck dependant over the short term. Maybe were lucky
It’s not worth it currently
I’m Ayn Monero, just to help the network out.
