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15 sats \ 1 reply \ @Undisciplined 17h \ parent \ on: Why I'm long-term bullish on the Middle East econ
Yeah, they would still be the lowest marginal cost providers, which means they'd have the most profitable energy production.
The other part is that energy production will be more decentralized, with lower barriers to entry, which will make it harder to maintain high margins.
The other part is that energy production will be more decentralized, with lower barriers to entry, which will make it harder to maintain high margins.
Game theory page 1.
Will be interesting to see the hash rate wars play out with this on the horizon, will companies like ocean be able to compete with antpool et al
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