|
| So because it's all really just complicated math problems, the "mining equipment" is just hardware that does the math. It has the ability to calculate the derivatives at a reasonable speed. So a lot of the mining is not yet done which also explains why the cost is going up... More computing power to solve the derivative.
Edit:
I sidetracked myself a little with my answer and didn't really answer all of your questions. So the designer may be invested in the blockchain mining hardware, I don't know since no one knows who he is. Maybe it's JP's shark and he doesn't need the money LOL! I would guess he took the easy picking when he started this and mind the first few coins and then moved on.... his cryptocurrency would have no value if he kept it to himself and mined all the coins.
Edited by kst1 11/19/2018 07:52
| |
|
Bitcoin
