Oddbean new post about | logout
 Gm nostriches. Fiat denominated price is not what’s important, although Fiat freedom is appealing. What is more interesting is the commitment, investment and energy going into securing the network, with each new asic likely looking to be in operation for at least the next 5 years (sorry hack academics for the reality check), they are putting their money into the network’s future.

Network hashrate and difficult on an absolutely tear, projected upwards difficulty adjustment of plus 8% in 3 days.

Hash rate bull market in full swing, and likely something Wall Street are sleeping on. #bitcoin #hashrate #shitzgonnagetcrazy
https://m.primal.net/LoxV.jpg