New Hashrate ATH

that’s a lot of competition

The thing about competition and #bitcoin price

Is…. The more miners come into the game, there’s less coin for everyone, every halving you get a minimum 50% pay cut

#bitcoin is at that point where ISD price has to dramatically go up

We can’t have miners going offline and bankrupt, more mining equals more secure network

Comes a point where all that matters is Price… we are there… 1 BTC = 1 BTC doesn’t pay electricity bills/ pay employees to run the miners

If we don’t see 70k bare minimum before the halving… BIG TROUBLE

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Discussion

Aye, it’s a market

Glad for the difficulty adjustment

Will be interesting to watch as miners are forced to find cheaper energy across the world