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@faithandcredit
7 Oct 2022
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on: Hash Rate Hits New All-Time High: Implications For Mining Equities
bitcoin
this is pretty wild.
if bitcoin was under attack this could be how it looks like.
first you pump it, and get everyone invested/trapped, then you dump it.
then you start pumping the hashrate to squeeze the miners.
i guess the goal would be to make them bankrupt and get their stuff?
But im not sure
sorry that was a low effort post
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100 sats
if bitcoin was under attack this could be how it looks like.first you pump it, and get everyone invested/trapped, then you dump it.then you start pumping the hashrate to squeeze the miners.i guess the goal would be to make them bankrupt and get their stuff?But im not sure