How does hell on calculator affect the valuation of digital currencies?

1 answers

• Alex MacDonaldJan 19, 2023 · 3 years ago
  At BYDFi, we understand the impact of 'hell on calculator' on the valuation of digital currencies. When the mining process becomes more difficult, it can lead to a decrease in the supply of newly minted coins. This scarcity can create a sense of value and rarity, driving up the demand and ultimately the valuation of digital currencies. However, it's important to note that the valuation of digital currencies is influenced by various other factors as well, such as market sentiment, adoption, and regulatory developments. So while 'hell on calculator' can play a role, it's not the sole determinant of valuation.
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