SLP487 Bitcoin Mining Energy Debate - Digiconomist and Ben Gagnon
Stephan Livera Podcast
00:00
The Lower Bind of Bitcoin Price
Bitcoin is very volatile when it comes to Bitcoin price, mining economics and Bitcoin network hash rate assumptions. And there are periods for months on end where there's zero volatility. There are also periods where there's months on end of a fixed growth rate, 0.3% for months. So this is showing how the model is breaking here in these market environments by assuming that that electricity cost is going up.
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