Ben Gilbert: observation

Transcript context

…Right, and because lots and lots of other people are mining and transacting that's creating—maybe this is back to just network economies instead of scale economies. Let's look at the mining industry itself, certainly, that is a scale economies industry. That's separate from the Bitcoin system, but if you want to be a miner… The only way you're doing it at this point is with dedicated hardware and a data center in a very special location. Exactly, you're not doing it with a laptop.…

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