cyberianmine on Nostr: Cyberian Mine is 7 years old! ššš„ When we started out in 2018 . . . ā¢ ...
Cyberian Mine is 7 years old! ššš„
When we started out in 2018 . . .
ā¢ Mining consumed 45 TWh (Vs. 175 TWh today)
ā¢ China dominated, accounting for 60-70% of global Bitcoin mining operations
ā¢ Individual miners exited the market en masse, with an estimated 100,000 miners shutting down = opportunity!
ā¢ Large mining companies like GMO and Bitmain reported significant losses - but we jumped in anyway!
ā¢ Mining hardware efficiency improved, with Bitmain's Antminer S9 becoming the industry standard
ā¢ Environmental concerns were rising as Bitcoin mining's carbon footprint reached 86 megatons
ā¢ Bitcoin reached a yearly high of $17,527
How times change!
When we started out in 2018 . . .
ā¢ Mining consumed 45 TWh (Vs. 175 TWh today)
ā¢ China dominated, accounting for 60-70% of global Bitcoin mining operations
ā¢ Individual miners exited the market en masse, with an estimated 100,000 miners shutting down = opportunity!
ā¢ Large mining companies like GMO and Bitmain reported significant losses - but we jumped in anyway!
ā¢ Mining hardware efficiency improved, with Bitmain's Antminer S9 becoming the industry standard
ā¢ Environmental concerns were rising as Bitcoin mining's carbon footprint reached 86 megatons
ā¢ Bitcoin reached a yearly high of $17,527
How times change!