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Could a #Bitcoin #lottery exist? How would it work?

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The same as lotteries today, or am I missing something? 😅

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

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 🤣🤣🤣

What is wrong in your oppinion?

There is a lottery already, the mining 💜⚡️