Weekly Roundup 10/21/22 (Aptos launch, crypto vigilantes, FTX's regulatory draft) (EP.363)
On The Brink with Castle Island
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Binance's 12% Increase in Difficulty Will Kill Those Miners
The big leg up was definitely related to ETH miners repurposing some of their facilities. China turned back on some production conjunction of things that I think also some of the Chinese miners are back online. Also, it's a little bit cooler in places like Texas. So you can get higher up times for the miners that are there. That's going to kill these marginal Bitcoin miners that are just struggling right now.
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