Rabbit Hole Recap #211: Is the Fed buying bitcoin?
Rabbit Hole Recap
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The Bigcorn Miners Turning Off Their Power on a Dime - Is That a Good Idea?
The miners are acting as a buyer of a first and last resort, that ere guaranteed buyer. That allows financing of a capacity weigh higher than normal standard capacity. Andth when that capacity, when that demand requirement goes up and you need to actually flex that capacity, they're able to turn off ona dime. The third thing is concerning to me is it does seem like a centralization risk.
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