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the claim

Mining bitcoin with a consumer CPU or GPU earns less than the electricity it costs.

the verdict
INSUFFICIENT LEANING
Recorded sources
2 sources for · 0 against

Counts group repeated records of the same source within each side. They do not measure evidence strength or source independence.

Is it true that mining bitcoin with a consumer CPU or GPU earns less than the electricity it costs?

Unclear. Two items only partially bear on the claim: one peer-reviewed modeling paper notes bitcoin mining hardware evolved from CPU to GPU to ASIC as hash difficulty increased, and one book's table of contents lists a comparison of ASIC versus GPU and CPU mining profitability. Neither item states that consumer CPU or GPU mining earns less than its electricity cost.

Verdict: PARTIAL LEAN · 2 sources for, 0 against · Last checked

The private library was unavailable for some searches in this check. Missing library results are not evidence against the claim.

Evidence for · 2
Modeling and Simulation of the Economics of Mining in the Bitcoin Market
2016
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Cocco, L. & Marchesi, M. (2016). Modeling and Simulation of the Economics of Mining in the Bitcoin Market. doi.org. https://doi.org/10.1371/journal.pone.0164603

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More for · 1
Bitcoin essentials: gain insights into Bitcoin, a cryptocurrency and a powerful technology, to optimize your Bitcoin mining techniques
2016
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Bitcoin essentials: gain insights into Bitcoin, a cryptocurrency and a powerful technology, to optimize your Bitcoin mining techniques. (2016). search.ebscohost.com. https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=1180052

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