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ASICs are overpriced, returns from mining can be imitated by a portfolio of BTC
- cryptoisthekey 6y agoAccording to a new paper by Aviv Yaish and Professor Aviv Zohar: 1) Mining ASICs are overpriced. 2) A portfolio of Bitcoins can imitate (and sometimes outperform) returns from mining hardware. 3) Bitcoin's volatility should increase rig price. Medium post: https://medium.com/@aviv.yaish/your-asic-is-probably-mispriced-12b5c8daf437 https://medium.com/@aviv.yaish/your-asic-is-probably-mispric... Link to paper: https://arxiv.org/abs/2002.11064 https://arxiv.org/abs/2002.11064