you didn't answer the question. A shovel in this case is the equipment + energy ... | Hacker News

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		shlant 12 days ago \| parent \| context \| favorite \| on: Bitcoin miners are losing on every coin produced a... you didn't answer the question. A shovel in this case is the equipment + energy needed to mine (GPU's etc.)

		help

raverbashing 12 days ago [–]

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

latexr 12 days ago | [–]

But the person upstream hasn’t. It’s not obvious to them. Which is why a good answer has to include the detail.

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