DWOLFBTC on Nostr: New Hashrate ATH that’s a lot of competition The thing about competition and ...
New Hashrate ATH
that’s a lot of competition
The thing about competition and #bitcoin price
Is…. The more miners come into the game, there’s less coin for everyone, every halving you get a minimum 50% pay cut
#bitcoin is at that point where ISD price has to dramatically go up
We can’t have miners going offline and bankrupt, more mining equals more secure network
Comes a point where all that matters is Price… we are there… 1 BTC = 1 BTC doesn’t pay electricity bills/ pay employees to run the miners
If we don’t see 70k bare minimum before the halving… BIG TROUBLE
Published at
2023-11-19 23:27:01Event JSON
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"content": "New Hashrate ATH\n\nthat’s a lot of competition \n\nThe thing about competition and #bitcoin price \n\nIs…. The more miners come into the game, there’s less coin for everyone, every halving you get a minimum 50% pay cut \n\n#bitcoin is at that point where ISD price has to dramatically go up\n\nWe can’t have miners going offline and bankrupt, more mining equals more secure network\n\nComes a point where all that matters is Price… we are there… 1 BTC = 1 BTC doesn’t pay electricity bills/ pay employees to run the miners\n\nIf we don’t see 70k bare minimum before the halving… BIG TROUBLE https://image.nostr.build/3771b5433c5a9e6adaffb8c4a4cb438dce8699a7e555b87a41cb6b88d596a04d.jpg ",
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