Why Nostr? What is Njump?
2025-04-01 13:24:11
in reply to

BoomTown on Nostr: The first miner took more risk than the second miner. If the bitcoin price went down ...

The first miner took more risk than the second miner. If the bitcoin price went down (or stagnates) and the first bitcoin miner’s PPA is or becomes uncompetitive then the second miner actually has the advantage.
Author Public Key
npub1h4lrzqnrne72xj00yl3zzr0k6qn93cqe5g4vvkfechs6mn89mwyqfa2jcm