Hashrate is down over 37% since Friday.
Price is down 7%
This is roughly equivalent to a 30% improvement in miner profit margins.
A mined Bitcoin got 37% cheaper.
A Bitcoin on an exchange got 7% cheaper.
Mining gives you exposure to the spread between price and hashrate.
What? Why it went down 30% in two days?
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Iran?
30% is a lot
🤯
Reviewing, it’s always volatile, but it dropped more than usual.
Yea, its more normal than what I though. Thanks
