Re:One Bitcoin miner is buying 20,000 16nm wafers from TSMC ...
by oh-kumudo on Monday January 22, 2018 @07:27PM
(#16209643)
Unlike Gold, bitcoin's rarity is artificial, comparison of Bitcoin to high-end artworks might be a more proper one.
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Re:One Bitcoin miner is buying 20,000 16nm wafers from TSMC ...
by paulddraper on Monday January 22, 2018 @07:36PM
(#16209681)
It's not artificial, it's based on natural laws of computation.
Choosing a particular starting block or blockchain algorithm is arbitrary. Just as choosing a particular metal is arbitrary.
Its scarcity is 100% natural.