A waste of what?
These were ASIC computers which were stealing electricity, all they can do is mine crypto, so what else are they good for except getting squashed?
These were ASIC computers which were stealing electricity, all they can do is mine crypto, so what else are they good for except getting squashed?
Get back to me when that happens
Only in the short term. Difficulty adjustment makes the total mining power irrelevant over the long run.