Post
Topic
Board Mining speculation
Re: Zeno's paradox in mining.
by
cp1
on 22/01/2014, 17:55:37 UTC
It's not a paradox.  Miner manufacturers have to set a price for the miner.  If a miner will make 1.0 BTC over its lifetime, it is silly to sell it for less.  In fact they want to sell it for as much as they think people will pay.  People aren't really good at math and so they can price these things at 1.5 BTC and they sell out.