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There are a great many people spending a whole lot on power and hardware who probably aren't laughing so much at the joke.


That's because those people... ARE the joke!

But seriously, Dogecoin was a way-out-there bet. You can't be upset if it doesn't work out. Also, I've seen enough "devastating-end-of-the-world" news on cryptos that make the price tank only to come right back up a month or 2 later. Maybe this'll be reversed after the price tanks & difficulty drops. I'm keeping my doge miners going... You never know. But I'm fully prepared to find out it was all for naught. Easier for me to say since I don't spend anything to mine them. My job gives me limited but free access to cloud servers.


Well, that's their loss for taking a gamble on it. Not everything is a sure bet, and even those that look like it might turn out not to be :)


Oh, but we're laughing at them!


This is a risk when you invest in something where a small number of people can fundamentally change it on a whim. Remember Zynga's warning about its dependence on Facebook in its IPO filing?




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