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> Even if it only earns them a few dollars a day, the opportunity cost could very well be zero. You forgot the opportunity cost of the datacenter itself. It wo
by ashtonkem 5y ago
> Even if it only earns them a few dollars a day, the opportunity cost could very well be zero.
You forgot the opportunity cost of the datacenter itself. It would be much more profitable to turn that into a colo or a VPS host with some new hardware.
Regardless, once the bitcoin reward goes low enough Bitcoin will probably become worthless. It's already not usable as a currency, and without the distributed ponzi system ofhanding out blocks to miners, what motive will anyone have to buy it?