Damus
Economista Austriaco profile picture
Economista Austriaco
@EconomistaAustriaco
Hashrate is down over 37% since Friday.

Price is down 7%

This is roughly equivalent to a 30% improvement in miner profit margins.

A mined Bitcoin got 37% cheaper.

A Bitcoin on an exchange got 7% cheaper.

Mining gives you exposure to the spread between price and hashrate.
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Micael · 40w
What? Why it went down 30% in two days?
DJ · 40w
The Iranians were mining with nuclear... Wild times
Jon · 40w
How is this not being talked about more??
Canberra Blockchain · 40w
1 sat transaction fees putting the Lightning Network out of business. Why is the chain so sleepy if everything is so cheap? https://image.nostr.build/762b7deb510feb7cbf59fbdab7faf83079b69e5f3537ad15f0ebd374dfdd876a.jpg