Comment on First Bitcoin ASIC, Delivered to Core Bitcoin DeveloperparentComments−dsl13yThe major cost of generating bitcoin is not the hardware itself, but the power.I know people who have unplugged their entire setup and flown it half way across the US to get power 10% cheaper.−wmf13yThat's no longer true for ASICs. This box consumes only $1-2/day of electricity, so it's likely that it will consume less than $1,300 of electricity over its entire lifetime.
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The major cost of generating bitcoin is not the hardware itself, but the power.
I know people who have unplugged their entire setup and flown it half way across the US to get power 10% cheaper.
That's no longer true for ASICs. This box consumes only $1-2/day of electricity, so it's likely that it will consume less than $1,300 of electricity over its entire lifetime.