The same as lotteries today, or am I missing something? 😅
Discussion
It would be a lottery on top of another lottery (#bitcoin mining)
It's funny that solo mining has better odds than fiat lotteries. 😂
Could you quantify this?
I have read that with a bitaxe you have a chance of 1:32000 per year to mine a block.
So that would amount to a 1:32,000 chance to win $100K. The ticket value would hence be $3,125