加密货币挖矿业务估值

IF 0.6 Q4 ECONOMICS

Ledger Pub Date : 2018-09-04 DOI:10.5195/LEDGER.2018.123

Jose Berengueres

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引用次数: 4

摘要

传统上，净现值法用于比较不同的投资策略。然而，由于与法定利率相比，硬币升值率极高，用法定货币评估加密货币项目令人困惑。在这里，我们提供了一种基于加密货币作为基础资产的净现值方法。使用这种方法，我们比较买入和持有与我的和持有；我们还提供了盈利能力的敏感性分析。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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Valuation of Cryptocurrency Mining Operations

Traditionally, the Net Present Value method has been used to compare diverging investment strategies. However, valuating crypto-projects with fiat-based currency is confusing due to extreme coin appreciation rates as compared to fiat interest rates. Here, we provide a net present value method based on using crypto-coin as the underlying asset. Using this method, we compare buy-and-hold versus mine-and-hold; we also provide a sensitivity analysis of profitability.

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来源期刊

Ledger Economics, Econometrics and Finance-Economics, Econometrics and Finance (all)

CiteScore

2.20

自引率

0.00%

发文量

审稿时长

40 weeks