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They are currently overpriced whatever currency they are denominated in.
Rational people often compute a similar valuation upon mining hardware, although somehow the market not only survives, but keeps on pushing log2_work upwards... looking at inefficiences on the "days to rewrite entire chain" scale, sometimes, it's almost like our hemisocial computing spiderome hasn't even begun to climb a much larger mountain that remains out of sight, far away, a little upwards and a long way to the right...
Home mining BTC is a pursuit driven primarily by enthusiasm and hope rather than probable economic returns.
Even though I have 'free' solar electricity I am unlikely to ever see a real net return on the cost of investment in home miners...certainly relative to simply buying more sats.
I would suggest territory ownership on Stacker News is much the same in nature.
Driven by enthusiasm and hope, rather than cold hard rational expectations on likely economic return.
Neither can be said to be rewarding investments in terms of profitability thus far - they are both almost always loss making investments, though may be a lot of fun otherwise.
How many territories are profitable currently?
They are currently overpriced whatever currency they are denominated in.
SNs needs to change the fees structure to reflect the lack of viability of the current charges imposed on territories.