@axhoff
Creating magic on machines
PGP: AF9B 0FA1 210B 851E FFE1 CB21 1DD5 E2FF DF28 E6A8
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Recent Notes
Nahhh i wish it did. You mean the content or the way clients look
i mean the content. there is 50% memes, 30% scenic/artistic photos, rest ist signal content
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nostr looks more and more like instagram…
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A senior citizen's game.
Hahahahahahahahahahahaa
are we playing bingo soon? 😂
whats going on?
farmville vibes here…
whats going on?
farmville vibes here…
what the hell is #wordle?
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Correct.
I was more referring to if block subsidy plus fees don’t cover operating costs miners are forced to sell coins to pay expenses. Which could worsen the already bearish price action.
i have not researched this in detail but my intuition is that the largest cost to miners is electricity so by simply switching off they can essentially „hibernate“ until price recovers.
hodl miners i‘d also assume have diamond hands and margin miners sell constantly anyway.
it‘s also quite evident from the bart linechart that (leveraged) trade ($45B trading volume) dictates price movement currently which exceeds volume by miner sales ($36M mined per day) by 3 orders of magnitude.
hodl miners i‘d also assume have diamond hands and margin miners sell constantly anyway.
it‘s also quite evident from the bart linechart that (leveraged) trade ($45B trading volume) dictates price movement currently which exceeds volume by miner sales ($36M mined per day) by 3 orders of magnitude.
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This doesn’t seem good if price is down and fees are low will we have miner capitulation?
nostr:note15n35ymt5wukwh80kahjg0n3fujupkhs73e6z08ph387wclhu3gfq2g7v66
we already do. miners are going offline.
but difficulty will just adjust down 🤷
but difficulty will just adjust down 🤷
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