Replying to Avatar Economista Austriaco

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.
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Canberra Blockchain 6mo ago

1 sat transaction fees putting the Lightning Network out of business.

Why is the chain so sleepy if everything is so cheap?

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