400 #bitcoin hashrate has been the average all year

Reply to this note

Please Login to reply.

Discussion

Is Bitcoin dead?

Depends how you look at it

Mining is soaring but in 12 months the halving occurs

Miners claim that around 30k is break even.. in 12 months if price isn’t 65k minimum, you’ll see a mass miner death… or move to cheaper electricity (where… El Salvador maybe)

Bear market was BS… due to all the $$ that’s pumping into AI right now… it’s not a bear market… it’s that $$ is now going into AI

There isn’t any news of a larger company or individual moving into Bitcoin either and most of the news like Brazil using an exchange as a payment layer is false

Without something soon… Bitcoin isn’t dead but it could go back to 2010 levels…. Then no one will want it anyway

So there’s say 11/12 months left to find out, once miners die off then transactions go back to 8-20 hours

Everything in this message won’t happen and is just a joke… but it read really nicely 🤣🤣