So that would amount to a 1:32,000 chance to win $100K. The ticket value would hence be $3,125

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You win +3.125 bitcoin, thats currently ~$300k.

I'm not an expert but I thought a bitaxe costs around $300 plus the cost to run it.

I think you should check your assumptions and calculations again 🤣🤣🤣

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What is wrong in your oppinion?