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heheh not buying back until people’s homesteads are getting bulldozed
Читать полностью…I told you. 8k Bitcoin soon. With the Ledger included
Читать полностью…Would be interesting to do a comparison of the cost of a 51% on bitcoin vs 1/3rd ethereum.
Читать полностью…17.4/17.3 looking like a really attractive reload zone, come on BTC, come to daddy
Читать полностью…In the absence of slashing & entry/exit queues I’d say I’d agree.
Читать полностью…Come on ADA - get down below 30c and let's see some serious capitulation 👇
Читать полностью…Hey, he's consistent and has been technically correct 🐻
Читать полностью…So what he's really saying is: Bears are really really smart and have been the entire year 🐻
Читать полностью…The costs of running a mining facility are obscene
Читать полностью…Gotta admit, PoW weighs down the price discovery of this industry by loads.
Читать полностью…Tbf, if BTC used PoS, miner sell offs would be near nonexistent in the first place.
Читать полностью…https://twitter.com/TrungTPhan/status/1603074120794902529?s=20&t=nf__1z9i5Zbm7y4TCrPrRA
Читать полностью…False equivalence. If the current crop of over-leveraged bitcoin miners went out business, then hashrate would fall, resulting in a difficulty adjustment, which would attract new miners, that weren’t over extended in their hardware capex.
Читать полностью…I dont even want to know the rate they gave them in this market. It from at risk to chapter 11 back to mega risk (upgrade?)
Читать полностью…this chat is funny, so much delusion lol
Читать полностью…Already in a generational recession ser
Читать полностью…It’s ~30% for someone to non-trivially attack the chain I think.
Читать полностью…> debatable second point
I recall Solana required control of 1/3rd of bonded SOL. Is it a similar threshold for Ethereum?
But those ASICS could be bought by other massive companies, further centralizing the supply.
And that second point is debatable.
This is unfortunate and it’d be great to see these centralised hashrate factories go out of business, which is looking increasingly likely.
In terms of security, proof of work is the only consensus mechanism that’s isn’t (as easily) financially subverted and controlled.
You’d need magnitudes less issuance to achieve roughly the same amount of economic security (if you strictly look at $ value).
Читать полностью…nowt to do with crypto but made me laugh
Читать полностью…There is no comparison. Bitcoin miners going out of business is neutral to true Bitcoin Maxi’s, it’s the way capitalism is supposed to work. If you aren’t competitive anymore, you deserve to die and you will be replaced by someone who is competitive. Bitcoin won’t die because there is the difficulty adjustment if many miners go under.
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