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Re:Nvidia Limits RTX 3060 Hash Rate by arcticbull on Sunday February 21, 2021 @05:06PM (#26217730)
Oh that’s inflation.

The cost is socialized across the block reward. So long as there’s more new money coming in than block reward paying electric bills on the way out, the cost of a transaction is socialized efficiently.

Elon’s $1.5B investment only lasted a total of 4 weeks. It’s already gone. It’s in the hands of Chinese coal produces now.

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