DD Support Board and Research Team

[Zorax]

In re: my last post. This particular bitcoin salesman seems to be understating a lot of things that are negative to bitcoin. Obviously, he has to protect his interests. I believe this was a fairly recent paragraph from his site. It will be interesting to watch this play out. Out shopping and Costco and Sears still won't take my bitcoin. What is wrong with them?

"Miners currently produce around 3,600 bitcoins per day, some portion of which they sell to cover electricity and other business expenses. The daily power cost of all mining is estimated around $500,000. Dividing that total by the current BTCUSD price provides an approximation of the minimum number of bitcoins which miners supply to markets daily."