0 sats \ 2 replies \ @sommerfeld 13 Nov 2022 \ on: AskSN: Why is network hashrate at ATH while we are at the bottom in price? bitcoin
New players are coming in with better profit margins.
Most overleveraged miners already capitulated or keep mining but dump all their earned block rewards on the market to cover operacional costs and don't accumulate any.
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0 sats \ 1 reply \ @selfish_gene 14 Nov 2022
знаешь почему это делают? будет то чего ни кто не ожидает. парабалический рост
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0 sats \ 0 replies \ @sommerfeld 14 Nov 2022
If new players already make a profit, potential growth is not a necessity, only a nice-to-have.
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