Blair Fix on Nostr: Backfire on the blockchain! As Bitcoin hashing tech got more efficient, guess what ...
Published at
2024-05-23 12:14:04Event JSON
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"content": "Backfire on the blockchain! \n\nAs Bitcoin hashing tech got more efficient, guess what happened to Bitcoin's energy budget. That's right, it went (way) up. Another example of the Jevons paradox.\n\nhttps://economicsfromthetopdown.com/2024/05/18/a-tour-of-the-jevons-paradox-how-energy-efficiency-backfires/\n\nhttps://files.mastodon.online/media_attachments/files/112/490/324/405/024/635/original/fbcb7d539955fcb1.png",
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