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HarryCox
2021-11-22

Question ... In theory if every mining company were to double the number of miners in their fleet at the same time, would there be no increase in the number of coins they mint? Each company would still get the same percentage of available coins per day, but the cost to operate would double. In the race to dominate market share, is there a sacrifice in profit margin? Is $(MARA)$ hedging that operating cost in holding/buying bitcoin? Would it reduce volatility if they invested some of their holdings in something more stable, example, gold or real estate?

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