Lostdog on Nostr: It would only make sense for them to sell hashrate for more than the revenue it would ...
It would only make sense for them to sell hashrate for more than the revenue it would generate.
It can still be a useful service. For one, It's a way of laundering KYC-ed Bitcoin into non-KYC Bitcoin, which some might value. And when purchasing future hashrate it's also a bet on bitcoins future price that might pay off
Published at
2025-02-15 07:57:56Event JSON
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"id": "184042f33f574b771a4ee3d3c4c93301192a9051a66c2cdc5445f54f4f33a251",
"pubkey": "b51e30b06ec34d57234510627fcfd34ad6a44003194adafdc0096f6d53b047eb",
"created_at": 1739606276,
"kind": 1,
"tags": [
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],
"content": "It would only make sense for them to sell hashrate for more than the revenue it would generate. \n\nIt can still be a useful service. For one, It's a way of laundering KYC-ed Bitcoin into non-KYC Bitcoin, which some might value. And when purchasing future hashrate it's also a bet on bitcoins future price that might pay off",
"sig": "8ac9548faa452a4282a5eccec8a438a24682acf8d650a9d7f306084a02d28c01438d2fa413815871aac4b35ab29bb28754cb4177dba4c2002a8ad3e03bfbb1ca"
}
