Pleb miners simply cannot afford large quantities of sitting miners. Always more effective to be a pleb. Still bullish on mining even if these kill my profit in coming months. Thanks for sharing @btcminer
Its funny. This week we already hit a hashrate ATH. Imagine if these babies were plugged in. At these prices, its hard for them to be profitable. Still, every day, people are coming up with ways to buy excess energy at pennies on the dollar.
Pleb miners simply cannot afford large quantities of sitting miners. Always more effective to be a pleb.
Still bullish on mining even if these kill my profit in coming months.
Thanks for sharing @btcminer
From the article:
"...executive chairman of bitcoin miner CleanSpark (CLSK), figures 250,000 to 500,000 mining rigs are still sealed up in boxes in the U.S. alone."
Assuming they are all S19's that adds up to around 22.5 to 45 EH of capacity, or roughly 10% of the current total mining hashrate!
Its funny. This week we already hit a hashrate ATH. Imagine if these babies were plugged in. At these prices, its hard for them to be profitable. Still, every day, people are coming up with ways to buy excess energy at pennies on the dollar.
An archive of the article is here. An archive has no paywall, no subscription requirement, and can be easier to read.
Super bullish. Gearing up for the incoming bull market.
вот мы и увидили переизбыток товара... а какова его цена? или после роста биткоина все изменится?
.