Jeff Booth on Nostr: Prices fall to the marginal cost of production in a free market because of the ...
Prices fall to the marginal cost of production in a free market because of the competition.
This is also the reason mining is a hard business. Margins are constantly under pressure from operators finding lower cost energy, compute and efficiency in their operations. Global free market.
Hope that helps.
Published at
2025-01-08 15:03:30Event JSON
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