Are we paying them $1.75 million per year, or are we paying them something that was worth $125000 per year a month ago and will be worth somewhere between $0 and $10 million a year from now?
I'm not suggesting that the current pay structure is correct, just pointing out that there is a tremendous amount of uncertainty as to how much they will truly profit in $USD.
The article says "Payments are ~1430 steem per day (paid in VEST aka SP)", so if they are paid in Steem Power, it's correlated with Steem price. And they can't even get the money out because it's SP. So it's not like the price has ensured stability - yet the running costs of a data center are escalating due to use and abuse (DDOS).
Exactly my point. They are Definitely incurring costs but only Probably getting paid.
@recursive I appreciate your vote. I've only been here eight days but I am trying to learn and comment/blog with value in mind.