
#429: Is The Inflation Problem Really Solved? with Luke Gromen
TFTC: A Bitcoin Podcast
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The Frustration of the Uni Party System
Last week, there was a material reduction in the current hash rate of Bitcoin. The average over the previous 30 days was 376 X a hash. I believe Tuesday or Wednesday, when it was really hot here in Texas, it fell to like 315. So it fell by like 17%. As miners here in Texas were embarking on demand response. And yet they refuse to acknowledge the evidence and still want to paint us as these bad evil energy pirates.
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