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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.
I am surprised it hasnt happened yet!
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://i.postimg.cc/YSgQ9cRJ/image.jpg
https://twitter.com/Smidnico/status/1595161633160331265 [Nitter]
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.
I am surprised it hasnt happened yet!
Here's the Tweet by the author of the article that kicked off a Twitter thread where this article was shared:
https://twitter.com/Smidnico/status/1595161633160331265 [Nitter]