And who told you that was spot on, otherwise we wouldn't have had those numbers last year.
That's the beauty of speculation about the hash rate and about the future of mining, there are so many variables you never get the perfect picture about what's really happening, an industry far more elusive than the oil industry for example. I'm 100% sure that there was a lot of gear that was mining at below 2 cents per kWh a year ago and which can't turn profitable at over 10 cents in less than 6 months at current gear prices, this whole pile is standing on the sideline now and waiting, God knows for what.
Screenshot this $hit and you'll see I'm right
I've been waiting for that toaster mining for 6 years already...
Stove, oven, no, heating your house or maybe a water heater that can be done, the problem is the chip costs when a water heater cost 200 euros and the miner 10 000 and the other is that you don't need constant heat. Buying a 15k mining oven that will run only 30 minutes a day and make you 100$ a month is .....childish let's say.