3 ms·
Yep, it’s the red queen’s race problem. If LHR is lifted, your hash rate will rise, but so will everyone else’s, so you are either (1) no better off or (2) wors
by uncomputation 5y ago
Yep, it’s the red queen’s race problem. If LHR is lifted, your hash rate will rise, but so will everyone else’s, so you are either (1) no better off or (2) worse off because other people may use this increased efficiency per chip to buy more chips, thus increasing their hash power proportionally. No one will ever decrease their hash power.