Contagion All Around. Will it Trigger a Miner Shakeout? : Nico Smidnicosmid.substack.com/p/news-and-insights-contagion-all-around
195 sats \ 3 comments \ @utxo 22 Nov 2022 bitcoin
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10 sats \ 0 replies \ @Wil 22 Nov 2022
Looks like it might have already. Estimated hash is down 7-9%. Curious how long it takes on average for cards to get sold off and spun up again.
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0 sats \ 0 replies \ @faithandcredit 22 Nov 2022
I am surprised it hasnt happened yet!
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0 sats \ 0 replies \ @BTCMiner 22 Nov 2022
Here's the Tweet by the author of the article that kicked off a Twitter thread where this article was shared:
Will the #FTX drama and following contagion push miners into the shakeout phase of the #Bitcoin Mining Cycle? Let's dive in 👇🧵
https://twitter.com/Smidnico/status/1595161633160331265 [Nitter]
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