If mining crypto is so profitable, what prevents companies like Exxon or Chevron to buy mining rigs, self-power themselves w their energy produced at near 0 cost while hedging with the futures? What would the bitcoin decentralization look like then?
If mining crypto is so profitable, what prevents companies like Exxon or Chevron to buy mining rigs, self-power themselves w their energy produced at near 0 cost while hedging with the futures? What would the bitcoin decentralization look like then?