What is Nostr?
Bill Cypher /
npub1qyx…mu7u
2025-02-07 15:03:58

Bill Cypher on Nostr: Cleanspark just quoted their current cost per coin at $34k. ATH hash rates despite a ...

Cleanspark just quoted their current cost per coin at $34k.

ATH hash rates despite a few emptyings of the mempool explained.

Arguably that means we are already under secured, but the chain remains secure.

Any bitcoin stolen by miners lowers retail prices by an unknown amount, so some gap between mining cost per coin and retail is fine.

Everyone is panicking that if every single block isn't full the security budget won't be met. This over a short break from having full blocks waiting in mempool which quickly self corrected.

Checks with miners: hashrate at an all time high.

I think were fine.
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