Post
Topic
Board Economics
Re: Stop selling mined coins privately
by
wasserman99
on 15/09/2014, 00:31:32 UTC
Miners that dump and dont save most of their gains will kill themselves when 1 btc is worth 10K.
I don't think this is true. Miners need to pay for current expenses (like electricity) and need to repay themselves the cost of the miner. If a miner thought that the price of bitcoin will outright increase like this then they would be better off simply buying it on an exchange