3 ms·

> 97% of all mining hardware will be thrown away without ever winning a single block reward And fewer than 50% of Thoroughbred horses ever win a single race. T

> 97% of all mining hardware will be thrown away without ever winning a single block reward And fewer than 50% of Thoroughbred horses ever win a single race. This is a silly clickbaity statistic and you know it. Come on, you're better than this arcticbull ;-)

wpietri 5y ago
Horse racing is actually a pretty good analogy here, in that it's essentially pointless and an awful lot more money goes in than comes out. The big difference is that at least horse racing produces a fair bit of entertainment value, and that a lot of people truly love their horses.
arcticbull 5y ago
Is that actually a real statistic about horses? That's fascinating. I wouldn't build a currency on it though ;) Step right up to Horsecoin, fastest horse gets the block!
- swader999 5y ago
  It's true for any endeavor that falls on the bell curve that only has one winner. And this analogy ignores the fact that mining rigs win every day just by pooling their efforts
  - arcticbull 5y ago
    I'm not sure that has any bearing on my comment though.
    - swader999 5y ago
      Yeah I should have replied to the parent above. I would have loved to use horsecoin to purchase human ivermectin from India last night. All the feed stores in my area have locked up the paste and I have only the toxic to ingest orally pour on cattle versions readily attainable. You can get by with rubbing it on the fatty areas of your body but dosing it is hit and miss. Anyhow back to the guys in India, they would only take pay pal and the demand was so high, I had to pay an extra thirty five dollars just for pay pal processing. Crazy times... Anyhow, I hope the mods don't burn this post. What if ivm is the real deal and I need it to save my life because my country with free health care can't fund any other kind of useful early treatment? It costs about two thousand from what I've read and there's no way they can print more money to cover this for the masses. I'm not trying to get around vaccines even though the first one I took clotted on me and almost killed me. You should see my face right now, there's a huge scar on my forehead where my plastic surgeon ripped out a hardened clot from a vein in there last week. I'm just looking for early treatments for all of the people's no matter the vax status. Pay pal will almost certainly shut this company off in India when they find out what he's doing. Horse coin will be the only way after that.

wpietri 5y ago

Horse racing is actually a pretty good analogy here, in that it's essentially pointless and an awful lot more money goes in than comes out. The big difference is that at least horse racing produces a fair bit of entertainment value, and that a lot of people truly love their horses.

arcticbull 5y ago

Is that actually a real statistic about horses? That's fascinating. I wouldn't build a currency on it though ;) Step right up to Horsecoin, fastest horse gets the block!

swader999 5y ago
It's true for any endeavor that falls on the bell curve that only has one winner. And this analogy ignores the fact that mining rigs win every day just by pooling their efforts
- arcticbull 5y ago
  I'm not sure that has any bearing on my comment though.
  - swader999 5y ago
    Yeah I should have replied to the parent above. I would have loved to use horsecoin to purchase human ivermectin from India last night. All the feed stores in my area have locked up the paste and I have only the toxic to ingest orally pour on cattle versions readily attainable. You can get by with rubbing it on the fatty areas of your body but dosing it is hit and miss. Anyhow back to the guys in India, they would only take pay pal and the demand was so high, I had to pay an extra thirty five dollars just for pay pal processing. Crazy times... Anyhow, I hope the mods don't burn this post. What if ivm is the real deal and I need it to save my life because my country with free health care can't fund any other kind of useful early treatment? It costs about two thousand from what I've read and there's no way they can print more money to cover this for the masses. I'm not trying to get around vaccines even though the first one I took clotted on me and almost killed me. You should see my face right now, there's a huge scar on my forehead where my plastic surgeon ripped out a hardened clot from a vein in there last week. I'm just looking for early treatments for all of the people's no matter the vax status. Pay pal will almost certainly shut this company off in India when they find out what he's doing. Horse coin will be the only way after that.