And the full Twitter thread:

*Thread by [@IIICapital](https://Twitter.com/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

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.

https://twitter.com/IIICapital/status/1518577989310689281

ExponentialBTC

247bf84fda

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.

bitcoin

Bitcoin is Certainty in an Uncertain World — Blockware Solutions

bitcoinpleb_b

> 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.