Difference between revisions of "Sunk Cost"
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wiki_crypto>Zeb.dyor (Created page with ""''[https://coinspice.io/news/litecoin-hashrate-falls-more-than-50-since-peak-dark-asics-make-it-vulnerable-to-attack/ Sunk cost] is the large amount of money they prepaid to ...") |
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Latest revision as of 09:00, 23 January 2022
"Sunk cost is the large amount of money they prepaid to buy ASICs. That money is recovered by mining the coin over the coming months /years, as the rig cannot be used for anything else; so doing things that affect such recovery (lowering coin price by attacking transactions on the chain is one of them) is unlikely to be considered."
