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303 sats \ 0 replies \ @BTCMiner OP 14 Oct 2022
An archive of the article is here. An archive has no paywall, no subscription requirement, and can be easier to read.
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375 sats \ 0 replies \ @newnym 14 Oct 2022
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!
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378 sats \ 0 replies \ @0322ee777777 14 Oct 2022
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
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374 sats \ 0 replies \ @timechain 14 Oct 2022
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.
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25 sats \ 0 replies \ @l0k1 14 Oct 2022
Super bullish. Gearing up for the incoming bull market.
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1 sat \ 0 replies \ @selfish_gene 15 Oct 2022
вот мы и увидили переизбыток товара... а какова его цена? или после роста биткоина все изменится?
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0 sats \ 0 replies \ @BTCMiner OP 14 Oct 2022
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