New answers tagged hashpower
1
vote
Why don't Bitcoin mining operations grow exponentially?
I ran calculations on that and found out it could pay for itself every 4 months (after power bills).
I'm rather skeptical of that. My first Google result was here. As of 27 Nov 2023, it's listed as ...
2
votes
Why don't Bitcoin mining operations grow exponentially?
That is exactly what is happening: Bitcoin’s hashrate is growing exponentially, except that the growth is limited by the speed at which new hardware is produced and deployed. (A line with a positive ...
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