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My first sentence just meant that you might model M, the number of miners, as a function of the profitability, P. P is a function of M. There is a constant for
by ivankirigin 15y ago
My first sentence just meant that you might model M, the number of miners, as a function of the profitability, P. P is a function of M.
There is a constant for M that is independent of P, M_power_leech.
- Tichy 15y agoTrue, but that only means that my "people will quit and it will become profitable again" scenario might not happen. I think every miner assumes that the days of profitability are limited.