1/3
#BTC
Everybody's want to join #mining industry for profits.
You know big miners don't like to share the cake.
This is a game where big fishes eat small fishes.
They will wipe you (retail miners) out.
#BTC
Everybody's want to join #mining industry for profits.
You know big miners don't like to share the cake.
This is a game where big fishes eat small fishes.
They will wipe you (retail miners) out.
2/3
#BTC is just a product whose price has to be decreased to the production cost ( Production cost = Electricity cost + other cost) or even electricity cost to bankrupt retail miners.
FYI ,long term price depends upon production cost and big funds.
#BTC is just a product whose price has to be decreased to the production cost ( Production cost = Electricity cost + other cost) or even electricity cost to bankrupt retail miners.
FYI ,long term price depends upon production cost and big funds.
3/3
#BTC
In 2015 BTC crashed and gone to $150 almost #production cost
In 2018, BTC touched #electricity cost at $3100
In March,2020 BTC touched #electricity cost at $3700
In this #cycle
Production cost is at 22k , and electricity cost is at 12k.
#BTC
In 2015 BTC crashed and gone to $150 almost #production cost
In 2018, BTC touched #electricity cost at $3100
In March,2020 BTC touched #electricity cost at $3700
In this #cycle
Production cost is at 22k , and electricity cost is at 12k.
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