Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

But even then (again unlikely) they did not mine $100k worth of crypto currency, but instead bought a winning lottery ticket/speculated/etc.


Cryptocurrency "mining" is a lottery. The "miner" that guesses the correct number is paid a reward. There isn't much more to it.




Consider applying for YC's Fall 2025 batch! Applications are open till Aug 4

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: