cyberianmine on Nostr: Someone in the Cyberian Mine Telegram chat just shared this video. It highlights the ...
Someone in the Cyberian Mine Telegram chat just shared this video.
It highlights the importance of increasing the hashr ate, as it impacts the production cost of BTC, which in turn helps establish a price floor for Bitcoin. As shown in the chart, Bitcoin’s price is currently right at the production cost, so from this point, it can only go up.
Worth a watch (less than a minute)
https://www.youtube.com/watch?v=eJ3R4YDxAQ8
It highlights the importance of increasing the hashr ate, as it impacts the production cost of BTC, which in turn helps establish a price floor for Bitcoin. As shown in the chart, Bitcoin’s price is currently right at the production cost, so from this point, it can only go up.
Worth a watch (less than a minute)
https://www.youtube.com/watch?v=eJ3R4YDxAQ8