There is a story in politico titled This Is What Happens When Bitcoin Miners Take Over Your Town. https://www.politico.com/magazine/story/2018/03/09/bitcoin-mining-energy-prices-smalltown-feature-217230 The cost of mining one coin was approx. 2000$ and increasing .It is a great read.
You are viewing a single comment's thread from:
Thank you for mentioning that, @mkpete. I read that a couple of weeks ago and found it to be very good. I think it backs up what we are thinking about the state of cryptocurrencies today. Thank you for your comment.