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CD28: el salvador, china, and bitcoin with @gladstein

Citadel Dispatch

CHAPTER

Isn't That Weird to You?

Hash rate peaked at 180 exa hash per second in early May. Now it's at 90, so we've lost half. Most of these miners are not getting arrested. A few of them actually did from what we can see. But a lot of them openly communicated on social media and they're just like shit, we're going elsewhere. They were holding conferences to figure out where to go next. And it's going to take them a long time to plug in because there's just not that much.

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