Oddbean new post about | logout
 How are miners still in business at 2 sat/vB, 50k BTC and a halving? 
 #asknostr 
 They won’t be for long. 

Hemorrhagic fever can only last so long before the body dies. 
 leverage  
 Not only that... Hashrate is up. 
 https://image.nostr.build/ff02256e353c4ec4011c2489ee1758220dea2f63ecd491cfa607302619cfcbc5.gif 
 Nothing personal mate,  but ive been waiting forever to use that gif in context.   
 🤣 
 It will become a game of attrition  
 Don’t know, but am glad that I haven’t started mining.  ( still relatively new to bitcoin and am looking at everything ) 
 Credit 
 Planning ahead? 
 There'll be cheaper electricity and hosting if the bottom falls out of the global soyconomy. 
 For all miners who generate their own electricity and especially those who use solar energy, it costs nothing to simply let the equipment run because there are no additional costs 🤷‍♂️ I also have no idea what's going on with those who don't mine "green".