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Re:Nvidia announces mining GPUs, cuts the hash rate of RTX-3... by PragmaticPulp on Thursday February 18, 2021 @08:48PM (#26188512)
Right, which is a major problem for the decentralized currency narrative. It also creates a massive incentive for market manipulation to continue keeping prices high enough for them to get ROI on the mining investment.
Re:Nvidia announces mining GPUs, cuts the hash rate of RTX-3... by jki275 on Friday February 19, 2021 @09:11AM (#26193310)
Yes, that's a huge issue for btc. BTC isn't really a decentralized cryptocurrency anymore.

There are others that are.