, 3 tweets, 1 min read
What is the mainstream view on what we can expect the long-run ratio of hardware costs to electricity costs of ASIC mining to be?

Last time I did the math, hardware was 75% and electricity 25%, wondering if that has or is expected to change.
This question is important because if hardware dominates, the arguments that ASIC mining is not that wasteful because ASICs can just turn on and off as needed to absorb spare power capacity that would otherwise go unused or dual-use as heaters are completely false.
OTOH if electricity dominates, the spare capacity / heating dual use argument is more credible, but then the argument that ASICs have some of the benefits of PoS no longer holds water.
Missing some Tweet in this thread?
You can try to force a refresh.

Like this thread? Get email updates or save it to PDF!

Subscribe to Vitalik Non-giver of Ether
Profile picture

Get real-time email alerts when new unrolls are available from this author!

This content may be removed anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

Follow Us on Twitter!

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!