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shlant 3 hours ago

you didn't answer the question. A shovel in this case is the equipment + energy needed to mine (GPU's etc.)

raverbashing 2 hours ago | parent [-]

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 an hour ago | parent [-]

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