that is not wasted energy, that is how POW works. Seems you have no understanding about statistic...
It is waisted energy for those that left.
Well it depends who is behind the machines.
https://www.google.com/amp/s/www.theblockcrypto.com/amp/linked/57943/a-power-plant-in-new-york-is-reportedly-mining-roughly-50000-in-bitcoin-each-day Lol. Power companies now coercing the public to go green so they can use the excess to mine bitcoin. Lmao. This is what your up against folks. Market swings make no difference when it’s off loaded power they use anyway. They will hoard during the down markets because they don’t have to sell and dump every time it goes high. Rinse and repeat until the majority have been fleeced. Crypto has become a speculators sport. Take that to the bank!
BR
Doug