53 sats \ 11 replies \ @grayruby 9 Aug \ parent \ on: How Governments Can Easily Kill Bitcoin bitcoin
You should check out Preston's podcast with Bob Burnett. He predicts over the coming years you will essentially have a futures market for blockspace the same you do for oil where companies can smooth out the variance in revenue.
Now if there was no demand for block space there would be no need or demand for this type of market but it was an interesting conversation and somewhat adjacent to what we are talking about, which is why I brought it up.
Sounds interesting
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A futures market for hash rate
There are a few markets for buying hash rate like nice hash.
I even won a BCH block!
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Lower
I forget the exact number. I received a fraction of what the entire mining team received. I purchased 12 dollars worth of hash rate. My reward was 50 dollars.
I can double check the exact amount in my nice hash account
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I should have been clearer. I won a fraction of my block commensurate with my investment or contribution.
Essentially I paid 12 dollars to join a mining pool
Edit: the only reason I joined a BCH mining pool is that it’s easier to win a block reward or a fraction of it
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I did.
I will post some pictures and videos in sports territory
Before Herbert was in a walking boot
Edit: tickets were free. I told my friends about it too. Take your kids.
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