Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

The block reward "costs" the user only the amount by which the currency is devalued as a result of new coins being introduced (inflation). This cost is tiny and only getting smaller.

If you're also counting the costs of running the network, you should call up Visa and ask them how much it costs them for you to be able to buy a cup of coffee with your credit card. The number will be so much higher.



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: