Post
Topic
Board Mining
Re: MINING IS PROFITABLE
by
vasisualiy
on 02/03/2011, 01:02:36 UTC
Here is my mining spreadsheet.

Assumptions: (PLEASE FEEL FREE TO CHALLENGE):


  • Value of a BTC will always be related to the cost of power to produce it, since that's directly related to difficulty, which in turn is related to Bitcoin's popularity

It's bull shit. Value of BTC is a term of trust. Nothing more. Mining is a waste of time and cost.
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