IS is mining bitcoins or just a lottery( if so how is Bitmain making money? )
RE: Trade Your Old Wireless Router For a Router That Mines Bitcoin For You!!!
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Trade Your Old Wireless Router For a Router That Mines Bitcoin For You!!!
Bitmain is making money on selling the devices
To clarify how it works the router mines like a solo entity. This means that it is trying to solve the hash computational problems on it's own. The likelihood of this little guy being able to do that before any one of the massive pools of hash power does is.... closer to 0 than getting in the Powerball (which I believe is around 1 in 200m but even that may be low)
So it is a lottery in the sense that you are trying to be the 1 person/device that "gets it right" before others do, but it is not a lottery in the sense that Bitmain pulls a number from a hat and you win if your router has that number
Hope that clarifies @sames @btcupload
Also props to @darth-azrael you made me LOL
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Thank you for clarifying that
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It's a lottery. I believe Bitmain is actually making money by simply selling the routers only.
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