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268 sats \ 0 replies \ @Derpitor 27 Oct 2022 freebie \ on: Core Scientific Says It May Run Out of Cash This Year bitcoin
Eventually miners who have not allocated their resources properly will be squeezed out. Margins on bitcoin mining will shrink to the point that you won't be making any money unless you have free electricity.
Core could very well be just the tip of the iceberg in miner capitulation.