Matthew J on Nostr: I'M SO BULLISH. I CAN'T HELP IT. DO YOU REALIZE THAT COST TO MINE A BITCOIN, AFTER ...
I'M SO BULLISH.
I CAN'T HELP IT.
DO YOU REALIZE THAT COST TO MINE A BITCOIN, AFTER HALVING, IS LESS THAN $66K!?!?!?
THIS IS THE 1ST CYCLE, WE WON'T (SHOULDN'T) HAVE A COLLAPSE OF BITCOIN MINING COMPANIES.
IN THE PAST UNPROFITABLE MINERS HAD TO SHUT DOWN THEIR RIGS, AND SEVERAL WENT OUT OF BUSINESS IN PAST...
IN THEORY, IF PRICE IS HIGHER THAN COST TO MINE, WE SHOULDNT HAVE A MINER CAPITULATION EVENT AFTER THE HALVING, FOR THE 1ST TIME EVER!!!
ALSO, 1 ZH/s in 2024.
I CAN'T HELP IT.
DO YOU REALIZE THAT COST TO MINE A BITCOIN, AFTER HALVING, IS LESS THAN $66K!?!?!?
THIS IS THE 1ST CYCLE, WE WON'T (SHOULDN'T) HAVE A COLLAPSE OF BITCOIN MINING COMPANIES.
IN THE PAST UNPROFITABLE MINERS HAD TO SHUT DOWN THEIR RIGS, AND SEVERAL WENT OUT OF BUSINESS IN PAST...
IN THEORY, IF PRICE IS HIGHER THAN COST TO MINE, WE SHOULDNT HAVE A MINER CAPITULATION EVENT AFTER THE HALVING, FOR THE 1ST TIME EVER!!!
ALSO, 1 ZH/s in 2024.