j"1LAnZuoQdcKCkpDBKQMCgziGMoPC4VQUckM><div class="post"><div class="quoteheader"><a href="https://bitcointalk.org/index.php?topic=813.msg9285#msg9285">Quote from: trebronics on August 14, 2010, 10:49:33 PM</a></div><div class="quote">A lot of people are generating them at zero cost by using their employer's computer. It's unfair to the employer, but it is the reason why bitcoins will continue to generate.<br/></div><br/>This is a good point. I don't think I underestimated people's ability to generate bitcoins efficiently and <i>legitimately</i> - the difficulty adjustment does a good job of compensating for that, and that makes it a non-issue in my scenario. But I probably underestimated the effect of minters using other people's resources without their knowledge and consent. The FAQ theorizes that the cost of minting will approach the price of electricity minus a thin profit margin, and I probably accepted that theory too uncritically. If resource theft becomes the primary way to finance bitcoin minting, flaws in the difficulty adjustment will have a more subtle impact. </div> text/html
https://whatsonchain.com/tx/b26cff55f41734d3f86b54c65690f4e6e4d66f8cca29b741bc58c835caf1ae7e