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SLP478 Debunking Digiconomist on Bitcoin Mining with Ben Gagnon

Stephan Livera Podcast

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The Importance of Using Operating Cost Per Terra Hash

A miner should run for five to seven years with an economic useful lifespan, he says. But there's also such improvement in the miners over time that a miner from five years ago is relatively small and becomes kind of an outlier. This model actually tracks really well because it's based on the logic of an operator, right? It's not based on what an academic thinks that we would model our business on.

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