this post was submitted on 15 Sep 2024
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You can't really and make a profit. You pay more in electricity than you get in crypto.
...unless someone else is (unknowingly) paying for the electricity.
(Of course, when the price of crypto takes an upturn, sometimes it might get profitable again. And I'd imagine there are people mining it even when the price is low banking on the idea that it'll spike again and they can sell it.)
Also there are various specific cryptos that are easier or harder to mine. I believe monero is quite easy and bitcoin is more difficult, for example. I swear I'm not a cryptobro, I'm just a computer nerd who has been asked to explain it so many times that I have an okay understanding. Plus I had a CS teacher who was super into crypto and did a few lectures on it. You are generally correct, though. Also apologies for incoherence. My brain is not braining so well today.
I'm just imagining how much money a compromised Azure tenant could make