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> The part I’ve never liked is that Satoshi Nakamoto only mined for 10 days He took the risk initially so he gets to enjoy the spoils.
by sumedh 9y ago
> The part I’ve never liked is that Satoshi Nakamoto only mined for 10 days
He took the risk initially so he gets to enjoy the spoils.
- biot 9y agoCreation of bitcoin aside, what risk is involved in an early adopter letting their computer crunch numbers for a few weeks? If you were the third person ever to mine bitcoin, about the only risk I can think of is a bit of time & effort plus a slightly higher electric bill.
- sumedh 9y agoThe risk of being starting the whole thing. If you think starting your own coin is easy, go ahead and start mining, the hard part is convincing others to adopt your coin.