
SLP478 Debunking Digiconomist on Bitcoin Mining with Ben Gagnon
Stephan Livera Podcast
00:00
How to Estimate Bitcoin Mining Impact
Digi-Conomist: There's so many different things that go into this because you have to think about what is the average miner machine being used? What's like the power, you know, being used? So can we just talk through some of those assumptions that would be required and where you might challenge or question the Digi-conomist story? Yeah. Like I said before, Bitcoin miners are profit maximalists. And so any assumptions that you make can be back tested with profitability. This is really an incentive built into the system to keep miners away from overly priced energy.
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