Bitcoin Mining in a Bear Market w/ JP Baric
Bitcoin Magazine Podcast
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The Cost of Energy Creation in the Mining Industry
The cost of energy creation, including the cost ofthe asset, rises over time. Each miner has their own different flexibility and different actionality when it comes to running their facilities. We already have gone from 220 ex hashes down to 206 exa ahes ast mentioned. And we will see capitulation. So i would say dicken ap to drop far, maybe 15 thousand dollars, and sit there before we see real capitulation.
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