This was written in response to a piece written by Tim Fernholz about miners spending $ 17 million a day for a shot at $ 4.4 million of bitcoin. I do advise reading his write-up on international money smuggling. As wasteful as it sounds to invest $ 17 million a day to gain $ four.four million, this write-up is primarily based on false information. Mining Bitcoins [...]
The Bitcoin News
Figuring out Electrical Price of Bitcoin Mining
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