0 sats \ 2 replies \ @ExponentialBTC 25 Apr 2022 \ parent \ on: Bitcoin is Certainty in an Uncertain World — Blockware Solutions bitcoin
Mining Bitcoin becomes increasingly interesting in an inflationary environment. Due to the nature of energy contracts with utilities, miners can lock in their electricity rate for a number of years. This means you can keep your operating expenses fixed while prices of virtually everything else, including Bitcoin are likely to be increasing over time.
If you are buying a new generation machine, the value of the new machine historically has a beta of 0.96 compared to Bitcoin (Hashrate Index Research). While it tracks the volatile price of Bitcoin, it continues to earn a consistent daily cash flow regardless of daily fluctuations.
These daily positive cash flows will likely persist even under extreme short-term (12-18 months) volatility.
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0 sats \ 1 reply \ @ExponentialBTC 25 Apr 2022
Here's the Tweet by the report's author that kicks off a thread in which the report was shared:
1/ #Bitcoin is certainty in an uncertain world.
This thread contrasts the certainty of Bitcoin’s immutable scarcity with the macroeconomic uncertainty associated with record-high inflation.
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0 sats \ 0 replies \ @ExponentialBTC 25 Apr 2022
And the full Twitter thread:
Thread by @IIICapital on Thread Reader App https://threadreaderapp.com/thread/1518577989310689281.html
Or, an easier to read version of the thread, his mirror account on Mastodon (Fediverse):
1/ #Bitcoin is certainty in an uncertain world.
This thread contrasts the certainty of Bitcoin’s immutable scarcity with the macroeconomic uncertainty associated with record-high inflation
https://bitcoinhackers.org/@MoonCapital/108192884812031073
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