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WiM056 - The Saylor Series | Episode 14 | Bitcoin’s Seven Layers of Security #1
The "What is Money?" Show
The Technical Efficiency of the Mining Industry
When the price of bick coin goes up, you're going to turn on the old equipment. Right now, the limiting factor is the number of mining rigs youan get your hands on. If there's only one providero of shaw two 56 miners, bit man, doesn't that create an artificial scarcity to a hash rate? And so if the profitability of bioin miners goes up, then don't more people want to get in te business?
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