Ironically, lowering the cost of mining may also lower the value of the asset. | Hacker News

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		musesum on May 18, 2021 \| parent \| context \| favorite \| on: Ethereum will use around 99.95% less energy post m... Ironically, lowering the cost of mining may also lower the value of the asset.

RealityVoid on May 18, 2021 [–]

I struggle to understand how you came to this conclusion.

musesum on May 18, 2021 | [–]

Dunno. The cost of mining approaches market price. The hypothesis is: will the inverse be true?

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