But it is a lifetime contract! If I'm not mistaken it's 30$ per X amount of allocated Hashpower for life. I do think it's profitable, or became profitable especially because BTC price jumped this year. I'm pretty sure that's the reason they stopped the lifetime contracts and now it's 2 year contracts only. 4/6 coin contracts are sold out!
On the other hand, the people really profiting here are those Youtubers who accumulate Hashpower through referral links. I would guess 90% of the Hashpower is from referrals. Nice marketing strategy you got there, Genesis.
Yeah, you could load balance the rigs across the dorm grids. I would assume however that at some point the administration would come down an inquire why one dorm sector is generating a x20 power bill :D
That makes more sense. And those referrals for sure. Heheh, several years back the power plant at my university actually caught fire (it's very old infrastructure). I can only imagine if they also had a major problem with students mining crypto in the dorms. I wonder how big of a problem this is at some schools and what schools will do about it, if anything, going forward.
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