Someone posted that they mined over a thousand coins in four months, and the comments were full of “teach me.”

My first reaction wasn’t to wonder if it was true, but to ask what was missing: electricity costs, hardware depreciation, which coin, the time period—none of it was provided.

Leave out one variable and you can’t calculate the returns; leave out three and it’s just a story.

It’s not that I don’t trust people. I don’t trust a numerator without a denominator.