Question: You decide to start running a mining pool which will charge a 1% fee before distributing rewards to pool participants. If your pool manages to
You decide to start running a mining pool which will charge a 1% fee before distributing rewards to pool participants. If your pool manages to amass 1.5% of total network hash power, bitcoin mining reward is 12.5 BTC/block, and price is expected to be about $5,981 USD per BTC, what is your expected fee revenue per month (30 days)? Enter answer in dollars and cents
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
