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50 sats \ 2 replies \ @denlillaapan 25 Nov \ on: Time Arbitrage bitcoin
totally.
In reverse, it means a falling BTC price resulting in worse profitability.
But yeah, I take the time arbitrage point: in expectations that value-now vs cost-paid-later phenomenon should make you value the home-mined sats a little bit extra.
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0 sats \ 1 reply \ @jasonb OP 25 Nov
In reverse, it means a falling BTC price resulting in worse profitability. Touché
Yeah, I just think this is significant for the, "you're better off buying bitcoin," crowd. Well, they can pay the market rate today, or they can mine and pay the market rate tomorrow after getting the sats today. But yeah, for sure, it totally works the other way around when the dollar is taking back ground.
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0 sats \ 0 replies \ @denlillaapan 25 Nov
Yeah but in expectations we think that trade (sats today, electricity bill in a month+) should help us more and more often than it would hurt us
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