Good morning nostr ๐
Hashrate in 2021 was 171 EH/s
when the fiat price was $68k USD
This week the hashrate was 798 EH/s
when the fiat price was around $69k USD
The price should be around $313k USD - all things being equal
And of course, they are not.
Retail adoption is UP
Corporate adoption is UP
Nation state adoption is UP
Things are about to get crazy.
๐ซก