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> The price of Bitcoin converges towards the price of mining it. Isn't it the opposite. The cost of mining converges towards the current price of Bitcoin. Beca
by thekyle 5y ago
> The price of Bitcoin converges towards the price of mining it.
Isn't it the opposite. The cost of mining converges towards the current price of Bitcoin. Because when miners get Bitcoin as a reward they immediately sell it for profit.
- sudosysgen 5y agoWell, yes, you could see it that way.