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69 sats \ 0 replies \ @kilianbuhn 4 Jul \ on: What is going on with the hashrate? bitcoin
This is called market hygiene.
What kinds of miners do you think shut down? The ones with the newest hardware and the lowest electricity cost? 🤪 Ofc not. The guys in high energy price markets and Antminers S3s shut down.
I hope I'll still get one old old miner as decoration in my living room. Before the silicone and copper and gold on it gets recycled 🌍