That sounds like a one-shot model. Auctions for mass-produced goods would be per batch. Nullc's argument is that driving up the price of auctions would exhaust

That sounds like a one-shot model. Auctions for mass-produced goods would be per batch. Nullc's argument is that driving up the price of auctions would exhaust whatever cash pile the miners are sitting on faster, which means they would gobble up fewer harddrives than they will if the prices are kept low.