False. Mining difficulty automatically adjusts to compensate for faster hardware. Nothing is gained.
Increased efficiency is generally beneficial in non-zero-sum games, but cryptocurrency mining is actually a zero-sum game where increased efficiency does not add value anywhere.
False. Mining difficulty automatically adjusts to compensate for faster hardware. Nothing is gained.
Increased efficiency is generally beneficial in non-zero-sum games, but cryptocurrency mining is actually a zero-sum game where increased efficiency does not add value anywhere.