Miner revenues hitting their lowest level since December
wonder if any US miners are taking hashpower offline
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Replying to @bookdepth
I see all these red laser eyes going away so they must be powering down
1 reply 0 retweets 6 likes -
Replying to @jgreco
I think I read that the px level where they start becoming unprofitable is 4 figures, so unlikely that they’re taking capacity offline yet?
1 reply 0 retweets 2 likes -
Replying to @macrocephalopod @jgreco
Sorry, that was for miners in China. US miners plausibly have higher costs.
2 replies 0 retweets 1 like
Replying to @macrocephalopod @jgreco
I don’t actually know anything about any of this I am just repeating things that I probably misheard and misremembered from podcasts
10:19 AM - 22 Jun 2021
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2 likes
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