
The Financial System Is Breaking w/ Dylan Leclair
Bitcoin Magazine Podcast
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The Mining Industry Is Getting Stressed
In the future's market, there's bicwin futures. And right now it's actually probably a little bit below to day's spot price. People are hedging out risk. We saw poolin yesterday, and you're seeing other kind of miners right where. I think about another at 17 k will be at the lowest hash price ever. What does that mean? It means miners margins are continuing to squeeze. So we're goin to see more selling credit from miners during this. But risk is selling off around the world. Credit risks s is, you know, rapidly becoming real in legacy marketsand volatilityes picking up. If big cin falls, 25% or 50%,
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