Economics

Some basic enonomics musings applicable to crypto currencies

Musings Market Dips oh what’s this? the market for my coins dipped a reasonable percent nuking my daily profit? the market shifts can seriously impact your value in the short term this is why you mine for long positions, not shorts. Economies of Scale don’t forget economies of scale. a million CPU cores generating a dollar in profit is still a million dollars in profit. small numbers are big at scale. [Read More]