Lmao sick we have Bitcoin OPEC nowhttps://twitter.com/DeItaone/status/1396919893585432577 …
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So much for decentralised
People underrate the degree to which miner unit economics really favor turbo consolidation, the aggregate hardware buying power alone would instantly cut new hashpower capex
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The fact that such hardware is necessary in the first place, needing constant replacement (nevermind its energy usage) must make this whole experiment one of the most energy & resource futile endeavours mankind’s come up with..
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