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I didn't read the GP ascribing morality into that statement. They're simply saying that the energy consumption is a market effect -- if it wasn't in the miner's
by zeroxfe 9y ago
I didn't read the GP ascribing morality into that statement. They're simply saying that the energy consumption is a market effect -- if it wasn't in the miner's self-interest to mine, they wouldn't.
- bomb199 9y agoI read it the same as you, except I hate that line of reasoning to hand-wave things away. Let us assume a perfectly rational market... should preface all of these statements. That way it triggers us appropriately like "Assume an infinite plane" does.