The Intelligent Bitcoin Miner, Part I. — Alkimiya
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In this paper, we illustrate that operating hashpower is akin to managing a portfolio, and the difficulties of reflecting the aspects of portfolio in the pricing of hashpower. We walk through how the popular pricing mechanism works, and the flaws of the current valuation heuristics. We parametrize a
The Intelligent Bitcoin Miner, Part I. — Alkimiya
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The Intelligent Bitcoin Miner, Part I. — Alkimiya
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