Essentially your paying a computer ( actually a network of computers) a very very large sum of money ( The public paying the current price) to validate a simple peer to peer transaction. Of which the only thing produced is CO2, heat and computer hardware waste. The demand for this service is the only variable outcome, making bitcoin a demand driven waste producing virtual asset ( vapourware). Supply is fixed and bitcoin is a non producing asset ( except waste by products) supply gets harder and harder every 4 years ( Bitcoin Halving) causing more waste from power consumption and hardware upgrades to still produce nothing, but a string of validated code that goes up for auction to the highest bidder.
Essentially your paying a computer ( actually a network of...
Add HCH (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.23 |
Change
0.025(2.08%) |
Mkt cap ! $146.3M | |||
| Open | High | Low | Value | Volume |
| $1.21 | $1.23 | $1.19 | $146.7K | 121.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 37 | $1.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.23 | 999 | 1 |
View Market Depth
| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
|
|||||
|
Last
$1.23 |
Change
0.025 ( 2.80 %) |
||||
| Open | High | Low | Volume | ||
| $1.21 | $1.23 | $1.19 | 32301 | ||
| Last updated 15.49pm 26/04/2024 ? | |||||
| HCH (ASX) Chart |