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177 sats \ 3 replies \ @Undisciplined OP 9h \ parent \ on: Is increased merchant adoption reducing bitcoin's purchasing power? econ
On the first point, is that because price has stayed pretty flat while difficulty has continued rising?
At $52 per PH/s/Day, hashprice is close to – or at – breakeven for many miners depending on operating cost and machine model type.
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Correct!
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Yes
I would say the biggest factor is higher than expected difficulty
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