Bitcoin Forum

Economy => Economics => Topic started by: hazenyc on January 12, 2015, 02:17:07 PM



Title: Research paper on cryptocurrency mining arbitrage
Post by: hazenyc on January 12, 2015, 02:17:07 PM
You may be interested in this working paper: Research paper on cryptocurrency mining arbitrage

https://www.researchgate.net/publication/269698897_Evidence_for_Bitcoin__Altcoin_Price_Efficiency_Miners%27_Arbitrage_in_Cryptocurrency_Markets?ev=prf_pub (https://www.researchgate.net/publication/269698897_Evidence_for_Bitcoin__Altcoin_Price_Efficiency_Miners%27_Arbitrage_in_Cryptocurrency_Markets?ev=prf_pub)


Title: Re: Research paper on cryptocurrency mining arbitrage
Post by: Possum577 on January 13, 2015, 06:43:22 AM
TL,DR. What's the conclusion of the research? Where's arbitrage? How much do they suspect the miner's are siphoning?


Title: Re: Research paper on cryptocurrency mining arbitrage
Post by: CoinHeavy on November 24, 2015, 03:35:03 AM
HazenNYC, are you one of the researchers who worked on this paper?


Title: Re: Research paper on cryptocurrency mining arbitrage
Post by: aizzaku on November 24, 2015, 04:19:21 AM
I followed you on RG.

i would like to be a part of any further research you want to do ... please let me know .. i love research.


Title: Re: Research paper on cryptocurrency mining arbitrage
Post by: eddie13 on November 24, 2015, 04:51:56 AM
Take a look at UNB unbreakablecoin as an example of exactly this.
UNB had a huge pump, the big pools moved to it and mined tons of coins and dumped. After UNB prices came back down the difficulty remained extremely high but yet it is unprofitable to mine. As a result still to this day it has extremely long block times due to lack of hash vs its high difficulty..

IIRC its block times are supposed to be around 5 minutes and retargets diff every 2,000 blocks. Its actual block time now is about 12 hours ish so it is going to take forever until it retargets to a lower difficulty..

This pretty much killed the coin, ruined it..