Matthew J on Nostr: I'M SO BULLISH. I CAN'T HELP IT. DO YOU REALIZE THAT COST TO MINE A BITCOIN, AFTER ...
I'M SO BULLISH.
I CAN'T HELP IT.
DO YOU REALIZE THAT COST TO MINE A BITCOIN, AFTER HALVING, IS LESS THAN $66K!?!?!?
THIS IS THE 1ST CYCLE, WE WON'T (SHOULDN'T) HAVE A COLLAPSE OF BITCOIN MINING COMPANIES.
IN THE PAST UNPROFITABLE MINERS HAD TO SHUT DOWN THEIR RIGS, AND SEVERAL WENT OUT OF BUSINESS IN PAST...
IN THEORY, IF PRICE IS HIGHER THAN COST TO MINE, WE SHOULDNT HAVE A MINER CAPITULATION EVENT AFTER THE HALVING, FOR THE 1ST TIME EVER!!!
ALSO, 1 ZH/s in 2024.
Published at
2024-03-06 23:26:46Event JSON
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"content": "I'M SO BULLISH.\nI CAN'T HELP IT.\n\nDO YOU REALIZE THAT COST TO MINE A BITCOIN, AFTER HALVING, IS LESS THAN $66K!?!?!? \n\nTHIS IS THE 1ST CYCLE, WE WON'T (SHOULDN'T) HAVE A COLLAPSE OF BITCOIN MINING COMPANIES. \n\nIN THE PAST UNPROFITABLE MINERS HAD TO SHUT DOWN THEIR RIGS, AND SEVERAL WENT OUT OF BUSINESS IN PAST... \n\nIN THEORY, IF PRICE IS HIGHER THAN COST TO MINE, WE SHOULDNT HAVE A MINER CAPITULATION EVENT AFTER THE HALVING, FOR THE 1ST TIME EVER!!!\n\n\nALSO, 1 ZH/s in 2024.",
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