> But this assumes that the person profiting from the mining is also paying for ... | Hacker News

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		foepys on March 11, 2017 \| parent \| context \| favorite \| on: Electricity consumption of Bitcoin: a market-based... > But this assumes that the person profiting from the mining is also paying for the electricity. Otherwise it doesn't make sense. You cannot steal electricity forever.

empath75 on March 11, 2017 [–]

You can hack into new aws accounts forever.

mrb on March 11, 2017 | [–]

AWS is highly inefficient to mine Bitcoins. A 4-GPU EC2 instance will mine less than $0.50 per year(!)

Realistically the proportion of miners who steal power is likely very small, as in one or two percentage points.

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