Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP.
by
NewLiberty
on 21/05/2015, 04:39:45 UTC
...
21's plan, as stated, is pure bullshit. The only question is whether they know it or not.

Let's do an order-of-magnitude calculation…

An article from Life Hacker reports that it costs about $0.50 to keep your phone charged-up for a year:



...

  ~= $107,000,000 per year

This means that the expected revenue is not insignificant.  

...and this analysis is only considering phones rather than all the other devices that could also be set up with this.

The > 43% of hashpower centralized in a single entity might concern folks.