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Bitcoin Plebcast: Energy, ASICs, Sats Flow, & Sovereignty w/ Shaun Ausenhus

Bitcoin Rapid-Fire

CHAPTER

Is It a Ruthless Competitive Market?

In the 20 18 bear market, we bottomed out at six, i think it was around six cents hash price. If you don't prepare yourself for worse case in ariel, you're not going to make it through the bear market in this industry. We have prepared for worse case onareos and lik ise um. Im right now, we we've dropped from 20 to about 12 in the ast three weeks. So we're well on our way to revisiting the 20 18 lows,. In my opinion, and that's just going to keep heading down there as we move into the next cycle.

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