@cburniske The marginal miner is at breakeven when btc touches that price. Doesn’t mean it is not profitable for the whole industry. Different cost on electricity, cost of capital, hardware price... works like the petrol or shale gas industry. Only the less profitable stop production
We've just shared the first demo app built on our random beacon, as well as an alpha beacon API. https://t.co/p0o6jJQYX9
Let us know what you think, and share your avatar! #BUIDL
Before the biggest chains moving from PoW to PoS, we would like to see them trying hybrid models like @decredproject. We believe this way there is a balance between security and incentive. Also it will provide hardware/pool decentralization
@StandardFine Totalmente de acuerdo. Me cuesta ver que eso vaya a ocurrir en un horizonte temprano, pero en efecto coincido que su papel estará más ligado a esas actividades. Y seguro que darán mucha guerra por el camino!
Blockchain permite prescindir de intermediarios cuya única finalidad es la verificación de una transacción. Es interesante ver a los bancos adoptar la tecnología para aumentar sus beneficios, cuando realmente lo que hace es eliminar su modelo de negocio.