← Back to context Comment by andai 18 hours ago What's a shovel? 4 comments andai Reply metrix 18 hours ago 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 shlant 18 hours ago you didn't answer the question. A shovel in this case is the equipment + energy needed to mine (GPU's etc.) raverbashing 18 hours ago Which is pretty much obvious to anyone who has heard of bitcoin in the year of our lord 2026Especially since the "sell shovels during a gold rush" has been used to apply to nVidia 1 reply →
metrix 18 hours ago 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 shlant 18 hours ago you didn't answer the question. A shovel in this case is the equipment + energy needed to mine (GPU's etc.) raverbashing 18 hours ago Which is pretty much obvious to anyone who has heard of bitcoin in the year of our lord 2026Especially since the "sell shovels during a gold rush" has been used to apply to nVidia 1 reply →
shlant 18 hours ago you didn't answer the question. A shovel in this case is the equipment + energy needed to mine (GPU's etc.) raverbashing 18 hours ago Which is pretty much obvious to anyone who has heard of bitcoin in the year of our lord 2026Especially since the "sell shovels during a gold rush" has been used to apply to nVidia 1 reply →
raverbashing 18 hours ago Which is pretty much obvious to anyone who has heard of bitcoin in the year of our lord 2026Especially since the "sell shovels during a gold rush" has been used to apply to nVidia 1 reply →
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.)
Which is pretty much obvious to anyone who has heard of bitcoin in the year of our lord 2026
Especially since the "sell shovels during a gold rush" has been used to apply to nVidia
1 reply →