Btcnews on Nostr: The cost of electricity to produce 1 bitcoin is 60k The total production cost ...
The cost of electricity to produce 1 bitcoin is 60k
The total production cost includes (electricity + warehouses + labor...etc) is much more than 60k
Now BTC is trading on exchanges below 60k.
The logic is simple => BTC is undervalued below 60k.
You may think that BTC is like this chair.
The cost of wood material to produce this chair is 6$.
The total production cost includes (wood material cost + warehouse + labor +...etc) is much more than 6$, probably 10$
It is now selling on Amazon for $6
🙈
Published at
2024-08-12 19:26:27Event JSON
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"pubkey": "e4146d1d7fb2f7f6e6b3c799eaeaba6f7446fd28ccea2592671cb239a13f4d81",
"created_at": 1723483587,
"kind": 1,
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"content": "https://image.nostr.build/c7f9f8f6e550d48f7df478dcf32ff47b732b91cf59aa7506991223953d4af9f9.jpg\nThe cost of electricity to produce 1 bitcoin is 60k\n\nThe total production cost includes (electricity + warehouses + labor...etc) is much more than 60k\n\nNow BTC is trading on exchanges below 60k.\n\nThe logic is simple =\u003e BTC is undervalued below 60k.\n\nhttps://image.nostr.build/98fb4c04c91294490639c0b0c67dfe08a0c72d616bceb300fe125ecfcad8359e.jpg\nYou may think that BTC is like this chair.\n\nThe cost of wood material to produce this chair is 6$.\n\nThe total production cost includes (wood material cost + warehouse + labor +...etc) is much more than 6$, probably 10$\n\nIt is now selling on Amazon for $6\n\n🙈",
"sig": "bf1739869d052982875d2a48aadf4d733e9cc09f357d340f2c14f90fc17f237409d53d4abde80fef5175880aa9e18399882dc32279501cf2342c7e47adfd885e"
}
