Which statement about Bitcoin miners is NOT true?
Note the tricky part - it is asking for which statement is NOT true!
| Many miners will consider the climate of an area when setting up mining operations because of the cost of cooling their equipment | Wrong |
| If the global hash rate doubles every two months, a new piece of hardware that a miner buys will find most of the blocks that it ever will mine in the first six months of operation | Wrong |
| Bitcoin miners can recoup a reasonable fraction of their initial expenses by selling their ASICs once they are done with them to other users for less computationally intense purposes | Correct |
| Mining Bitcoin on a modern CPU will yield negligible mining rewards | Wrong |
Note the tricky part - it is asking for which statement is NOT true!
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