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corty
on Feb 10, 2021
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Cambridge Bitcoin Electricity Consumption Index
Exactly. Miners will decide to continue mining. Probably in just the right amount such that inflation/deflation is controlled enough to create sustained profits for them. Thus basically acting like a central bank.
boh
on Feb 10, 2021
[–]
True, and honestly this can happen before they even get near the mining cap, since computational costs will likely be unsustainable before that.
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