2017-12-27 13:35 GMT+01:00 Luke Kenneth Casson Leighton <[email protected]>: > On Wed, Dec 27, 2017 at 12:19 PM, Luca Saiu <[email protected]> wrote: >> On 2017-12-27 at 11:37, Luke Kenneth Casson Leighton wrote: > >> It is not unique, and there is no hard proof that the money being >> generated actually comes from mining. > > it's a legitimate concern, and one that can't really be answered [not > without direct access to their database, which would be a massive > privacy violation and security violation]. we could theoretically > make some guesses and calculations on exactly how much money people in > the network will be receiving vs the amount of money that is going > "in", and see if the "scam" concept stacks up so to speak. if the > amount of BTC going out is GREATER than the BTC coming in, then, > clearly and logically, that would be unsustainable, meaning that they > would HAVE to get some extra BTC from somewhere.... > I guess efficiency number are needed here. How much bitcoin is being mined/generated per input (dollar/euro's/joules)
That's the same as for any mining operation. No need to watch how the mining is done just is the cost of the operation lower than the the yield. That's why a lot of IRL miners work under such poor circumstances. So where to find such numbers? _______________________________________________ arm-netbook mailing list [email protected] http://lists.phcomp.co.uk/mailman/listinfo/arm-netbook Send large attachments to [email protected]
