[Arm-netbook] EOMA68 / Libre RISC-V team financing

[mike.valk at gmail.com]

2017-12-27 13:35 GMT+01:00 Luke Kenneth Casson Leighton <lkcl at lkcl.net>:
> On Wed, Dec 27, 2017 at 12:19 PM, Luca Saiu <positron at gnu.org> wrote:
>> On 2017-12-27 at 11:37, Luke Kenneth Casson Leighton wrote:
>
>> It is not unique, and there is no hard proof that the money being
>> generated actually comes from mining.
>
>  it's a legitimate concern, and one that can't really be answered [not
> without direct access to their database, which would be a massive
> privacy violation and security violation].   we could theoretically
> make some guesses and calculations on exactly how much money people in
> the network will be receiving vs the amount of money that is going
> "in", and see if the "scam" concept stacks up so to speak.  if the
> amount of BTC going out is GREATER than the BTC coming in, then,
> clearly and logically, that would be unsustainable, meaning that they
> would HAVE to get some extra BTC from somewhere....
>
I guess efficiency number are needed here. How much bitcoin is being
mined/generated per input (dollar/euro's/joules)

That's the same as for any mining operation. No need to watch how the
mining is done just is the cost of the operation lower than the the
yield.

That's why a lot of IRL miners work under such poor circumstances.

So where to find such numbers?