It isn't out of nowhere, it is relative to the market price of electricity and transistors necessary to do the work to generate transaction hashes. There is a valuation of how much money you spend on hardware and power to run a bitcoiner miner to obtain the new btc entering the system.
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It isn't out of nowhere, it is relative to the market price of electricity and transistors necessary to do the work to generate transaction hashes. There is a valuation of how much money you spend on hardware and power to run a bitcoiner miner to obtain the new btc entering the system.