BTCMeansFreedom4All on Nostr: Yes: "Through observing consumption of electricity and daily issuance of bitcoin, ...
Yes:
"Through observing consumption of electricity and daily issuance of bitcoin, provided by Cambridge University, we can find out the average mining costs of bitcoin. When mining costs are lower than bitcoin's market value, more miners will join. When mining costs are higher than miner's revenue, number of miners will decrease."
https://en.macromicro.me/charts/29435/bitcoin-production-total-cost
"Through observing consumption of electricity and daily issuance of bitcoin, provided by Cambridge University, we can find out the average mining costs of bitcoin. When mining costs are lower than bitcoin's market value, more miners will join. When mining costs are higher than miner's revenue, number of miners will decrease."
https://en.macromicro.me/charts/29435/bitcoin-production-total-cost