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WiM056 - The Saylor Series | Episode 14 | Bitcoin’s Seven Layers of Security #1
The "What is Money?" Show
Are You Better Off Having Inefficient Miners and More Uncheap Power?
Rao: Are you better off having inefficient miners and more uncheap power? Right? And do they coexist? There's a relationship. An s 19 is generating forty cents a kilowat hour rat now go it is profitable to buy electricity up to 39 cents kilawat hour. If i have 500 in capital, i spend 60 million dollars by ten thousand s 19 mine one x hash on 30 maga wats, and make a hundred and 20 million dollars a year. Good deal? Probably good deal. All right. So the break even point is the function of the semi conductor, or the jewels per terror hash,. It's not an energy driverd, and most
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