I'm curious if someone can do the calculations.
Of the people using nicehash there should be a way to estimate how much BTC they are spending to get ROI coins.
I then would like to see how that BTC expense compares to the value of the coin on the exchange.
I suppose if the value of the coin is below or way below expense there may be a big coin dump but on the other hand if they are spending as much or more than the coin is worth they will be more likely to stake the coin and hold until it's worth more and profitable to sell it.
Any thoughts on this?
Im sure it not profitable to use nicehash to mine this currently. New coins are 0 value but maybe they hope this is more.. Like i do
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