# The Relationship Between Verifiable and Inevitable Mining Costs and the Fallacy of Labor Axiology: What Does It Mean for Bitcoin?### IntroductionAdam Back
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The Relationship Between Verifiable and Inevitable Mining Costs and the Fallacy of Labor Axiology: What Does It Mean for Bitcoin?
According to reports, Adam Back, CEO of Blockstream, a crypto infrastructure company, said that newcomers seem confused about the relationship between verifiabl