suboss on Nostr: Absolute no brainer. It will cost them the mining set up, running cost, electricity ...
Absolute no brainer. It will cost them the mining set up, running cost, electricity is virtually free or next to free as its excess electricity that would have gone to waste. Bhutan clocked this and started last year and have already taken over el salvador. If we get a bunch of countries go heavy into this strategy, say 4 bhutans in the next 12 month, then all new bitcoin produced in 12 months will go straight into cold storage. 2.6million available bitcoin on exchanges continue to dwindle. Etf buy 10k bitcoin/ day. So all bitcoin available bitcoin on exchanges run out in 8 months. July 2025 massive price squeeze, I think we could blast past $450k target in no time! ETF holders could start to sell, but what if we get another 4 more Bhutan on top of that? So we need 8 bhutans mining practically free. Crikey, this is seriously bullish! We could see crazy prices. 🙈
Published at
2024-10-04 09:05:14Event JSON
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"content": "Absolute no brainer. It will cost them the mining set up, running cost, electricity is virtually free or next to free as its excess electricity that would have gone to waste. Bhutan clocked this and started last year and have already taken over el salvador. If we get a bunch of countries go heavy into this strategy, say 4 bhutans in the next 12 month, then all new bitcoin produced in 12 months will go straight into cold storage. 2.6million available bitcoin on exchanges continue to dwindle. Etf buy 10k bitcoin/ day. So all bitcoin available bitcoin on exchanges run out in 8 months. July 2025 massive price squeeze, I think we could blast past $450k target in no time! ETF holders could start to sell, but what if we get another 4 more Bhutan on top of that? So we need 8 bhutans mining practically free. Crikey, this is seriously bullish! We could see crazy prices. 🙈",
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