42 sats \ 1 reply \ @harrr 4 Jun \ parent \ on: Bitcoin miners sink millions into AI businesses, seeking billions in return bitcoin
but the drop in revenue is evident after the halvin
Price did a 4x over the last two years. Miners who aren't profitable now weren't profitable two years ago, one year ago, etc. Miners who can't deal with something they knew would happen should probably get into a different business.
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0 sats \ 0 replies \ @jk_14 4 Jun
Miners who aren't profitable now weren't profitable two years ago, one year ago, etc.
it isn't a true statement
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