cryptocurrency mining
2 statements across 1 episodes · 1 bullish · 0 bearish · 1 people on the record · first statement Oct 17, 2018 by Harry Pokrandt · across every show →
Everything said about cryptocurrency mining, oldest first
Oct 17, 2018 positive
Mining offers unmatched capital deployment speed despite extreme margin volatility
“You know, mining, I think, is a great business. I don't know of another business where you can deploy capital as quickly and get the returns that you do. The problem with the business, though, is that forecasting is very difficult and the margins are very, are…”
Oct 17, 2018
Crypto mining rewards strictly depend on hash rate, not algorithmic edges
“Well, everybody has to use essentially the same mining algorithm to get
to get the answer, and it's purely a random outcome who gets it, so if you own 10% of the network hash rate, the probability of you getting the next block is 10%, so then nobody can, no…”