RE: Thinking of starting up my old crypto review blog here. And why miners need to do math before mining.

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Thinking of starting up my old crypto review blog here. And why miners need to do math before mining.

in synx •  9 years ago 

Your post about the mining math is right but I hope people don't realize it! About 12-36 hours after rewards drop on typical alts the mining power will drop disproportionately.

[Block reward/(hash price * diff)] is the ultimate indicator of relative mining opportunity for any POW chain.

synx
9 years ago by

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      ·  9 years ago 

    I think people don't like to mine in the middle due to fear of wasting money on a coin that may not pay out. These days a crypto won't hit an exchange until it is mined out. Its all a crap shoot.

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