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10 sats \ 0 replies \ @Zepasta 14 Oct 2023 \ on: Why the hashrate is exploding bitcoin
I've been contemplating this recently as well. I anticipate a significant decline in hash rate after the halving, due the difficulty of miners to remain profitable, unless... the price of Bitcoin skyrockets. Hopefully, we'll have Spot ETFs available by then, which could potentially mitigate these challenges.