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Well, the rewards for Bitcoin mining are zero-sum so the demand will never really be infinite as the miners need some amount of profitability.
by bequanna 2y ago
Well, the rewards for Bitcoin mining are zero-sum so the demand will never really be infinite as the miners need some amount of profitability.
- AlexandrB 2y agoFair enough. Though as long as the price of bitcoin continues to increase demand for compute can continue increasing as well.
- bequanna 2y agoRight, but I believe halving of rewards also keeps the compute growth in check somewhat. I suppose it just depends on how BTC price increases vs the halving timeline.