Don’t price bitcoin in things, let things be priced in bitcoin
nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe, would pricing #Bitcoin by the average energy cost to mine new bitcoins each block give us a clearer signal than pricing it in dollars?
But, maybe total hash rate is a more straight forward metric since the energy cost for a certain hash rate varies over time and between hardware.
Discussion
No replies yet.