alt Hacker NewsThey're using the analogy of mining for gold. the cost of a shovel/pitchfork goes up when the price of gold goes down - which is a double whammy
They're using the analogy of mining for gold. the cost of a shovel/pitchfork goes up when the price of gold goes down - which is a double whammy
you didn't answer the question. A shovel in this case is the equipment + energy needed to mine (GPU's etc.)