Post
Topic
Board Economics
Re: Bitcoin parity: what is a bitcoin worth?
by
Swishercutter
on 12/08/2011, 11:49:02 UTC
For a true side by side comparison, why not compare the electricity costs to generate each?

You can plant the plant outside, then it requires no electricity. It is hard to do that with bitcoins. (Although, there is an "environmentally conscious mining" thread talking about that too.)

True, but a lot is still grown indoors using electrical power so I think it could be an interesting comparison anyway.

Don't forget fertilizer cost, recurring equipment cost (bulbs, etc).  I think mining is more profitable overall...especially due to risk.  Very similar in power usage and initial equipment cost though.