Seems like just using the electric and hardware costs to buy Bitcoin is better used than what an old miner will get you.

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Probably, but buying bitcoin won't secure the network that which your money derives its value from.

I just run a full node and lightening node I'm not too worried about one S9 preventing a 51% attack.

Aye and you're not necessarily wrong there. But I do have to say, I've got a greater understanding and appreciation of the system as a whole by doing and learning abt this aspect of bitcoin.

Plus, I'm a hardware nerd. So there's that.