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Steve Barbour @SGBarbour · Nov 26, 2022
  • From Twitter

Nice thread! In my opinion miners should adjust their business models into the future, because going offline to respond to price conditions will be the norm. Millions of ASICs idle on racks, firing up only to chase fees and bull markets. ASICs to get cheap!

Tweet Nov 26, 2022
1/3 of the way thru this epoch, the next difficulty adjustment is estimated to be -11%. Typically, individual difficulty adjustments aren't very important, but with so many miners hanging on by a thread, the present moment is different Some thoughts
by Drew Armstrong
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