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They don't. They have the funds for the electricity (which are rather modest compared to other coins) and just accumulate Grin...
by tromp 4y ago
They don't. They have the funds for the electricity (which are rather modest compared to other coins) and just accumulate Grin...
- latchkey 4y agoSo then that explains the price being as low as it is... nobody is actually using it... just sitting on it in the hopes that it might go up some day. Sigh. update: removed comment about ROI cause I didn't do the full maths.
- tromp 4y ago> So then that explains the price being as low as it is... nobody is actually using it That comment makes no sense, since most cryptocurrencies have no use except speculation. The price is low (well, no lower than Doge) because Grin deters speculation, and hence much fewer people are willing to speculate on it. > ROI is 4300+ days Based on what electricity price?
- latchkey 4y ago> not counting the 'modest' power usage.