Who is borrowing coins to mine BIO with #币安LaunchpoolBIO ? I roughly calculated the mining cost. If I buy $FDUSD directly for mining, the cost of one BIO is about 0.37U. If I borrow BNB for mining, some places have an annual interest rate of 25%, while others have 35%. Calculating this way, the cost of one BIO can reach as high as 1U, or even 1.4U. So, who has the guts to do this?

Of course, if one has already held fdusd and $BNB , this cost can be ignored.

This mining lasts for 10 days, with a total token supply of 3.32 billion, mining a total of 3% of the coins, while the circulating supply at the opening is about 39.5%. The tokens in the treasury require voting to use, and the actual might be 24.05%, so the circulating supply is still considered huge.

So BIO is regarded as the leader in the scientific track, but is borrowing BNB for mining too risky? Or did I calculate it wrong?