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Chia - A New Cryptocurrency, Built by Bram Cohen, Founder of BitTorrent
Modern Finance
Bit for Bid, It Should Be Equal Reward
In the bit coin mining world, a good kind of analogue for this would be if you had the re sources and the wherewithal you could build a custom asec ship that the average consumer couldn't touch or build. That's what happens in bit coin isthere. There are these asecs that are special and their commodity ish. In bit coin althought, definitely, there is centralization. At anyone given time, there's one, or at most a handful of competitive mining chip manufacturers. And then on top of that, there's just sources of power,. Like you, as a end consumer, are completely going to be losing money if you go ahead and buy mining
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