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To: praxeology_guy <praxeology_guy@protonmail.com>, 
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--f403045e2fd273be64054cba6896
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On 8 Apr 2017 8:31 pm, "praxeology_guy via bitcoin-dev" <
bitcoin-dev@lists.linuxfoundation.org> wrote:

There is the equation:
Power Cost + Captial Rent + Labor ~= block reward + fees


I don't know why many people insist on calling the subsidy the blick
reward. Thw block reward is both the block subsidy plus the block fees.

--f403045e2fd273be64054cba6896
Content-Type: text/html; charset=UTF-8
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<div dir=3D"auto"><br><div class=3D"gmail_extra" dir=3D"auto"><br><div clas=
s=3D"gmail_quote">On 8 Apr 2017 8:31 pm, &quot;praxeology_guy via bitcoin-d=
ev&quot; &lt;<a href=3D"mailto:bitcoin-dev@lists.linuxfoundation.org">bitco=
in-dev@lists.linuxfoundation.org</a>&gt; wrote:<blockquote class=3D"quote" =
style=3D"margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex"><di=
v>There is the equation:<br></div><div>Power Cost + Captial Rent + Labor ~=
=3D block reward + fees</div></blockquote></div></div><div dir=3D"auto"><br=
></div><div dir=3D"auto">I don&#39;t know why many people insist on calling=
 the subsidy the blick reward. Thw block reward is both the block subsidy p=
lus the block fees.</div><div dir=3D"auto"><br></div><div class=3D"gmail_ex=
tra" dir=3D"auto"></div></div>

--f403045e2fd273be64054cba6896--