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submitted 8 months ago by misk@sopuli.xyz to c/technology@lemmy.world
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[-] Krauerking@lemy.lol 1 points 8 months ago

Yup. And prices go up from a combination of more idiots throwing money into it which is great for investing if you got into the game early and sure you can grab a chair before the music stops on this high energy use game of musical chairs and also because running those farms are getting so expensive the price had to go up to justify it.

Dude when it halves again and it's suddenly taking the same amount of energy to do half the work I truly don't know what's gonna happen. I guess it depends how strong the sunk cost fallacy is in their heads for if it survives another round.

this post was submitted on 27 Feb 2024
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