Yeah qui bono?
Exchanges moving numbers around inside their own systems instead of sats on-chain.
It's not an attack on Bitcoin. It's an attack on self-custody is what it is.
Meanwhile:
Those old mining rigs sold on ebay for scrap suddenly have some value,
and running a Lightning node suddenly seems to make sense financially.
So this could be a wake the fck up moment and ultimately a good thing
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Well surely it simply means mining demand currently exceeds capacity. Meaning more potential ROI for mining and for running systems that take load off miners. Have I overlooked something?