Damus
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@MacroView
It is ridiculous what is happening with ordinals.

Miners cost to produce a single #Bitcoin substantially drops mining these blocks.

Everyday miners are suddenly profitable at retail electricity prices.

Many people will be burned with Ordinals as one Satoshi will always equal one Satoshi.

It is what it is….

Scammers will always scam and there is always fallout…….
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nostrich · 120w
𝓗𝓪𝓹𝓹𝔂 𝓝𝓮𝔀 𝓨𝓮𝓪𝓻!
MF_HODL · 120w
Don’t understand this framing… miners’ cost to “produce” Bitcoin is completely unchanged by tx fees. Their revenue and profit margins have certainly increased.