Hashrate Markets Lookback Series - November 2024
A Crypto Future
acryptofuture.xyz
Instead of creating a fixed “exchange rate” between computations and the resulting currency accumulation, the Bitcoin protocol essentially adjusts the exchange rate by making the math puzzles more difficult.
Byrne Hobart • Boom: Bubbles and the End of Stagnation
the new ASIC miners were running on as little as one watt per gigahash second, a rate that’s 650 times more efficient than that of GPUs.