Damus
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@tw_bitcoin
I think mining companies that don't actually put the heat produced by the miners to work will eventually fail.

The heat is valuable (we all pay to heat buildings) but miners just waste it.

Furnace and bitcoin mining will be synonymous.

Watch!
- @utxo *OLD ACCOUNT*

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Dave · 8w
Yeah, it will definitely tighten the margins on mining companies. The value of the heat will have to be taken into account to remain profitable. I think, long term, mining will be done at a loss (in dollar terms) by individuals or by governments. It just won't be possible to make a fiat profit as...