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In reverse, it means a falling BTC price resulting in worse profitability. Touché
Yeah, I just think this is significant for the, "you're better off buying bitcoin," crowd. Well, they can pay the market rate today, or they can mine and pay the market rate tomorrow after getting the sats today. But yeah, for sure, it totally works the other way around when the dollar is taking back ground.
Yeah but in expectations we think that trade (sats today, electricity bill in a month+) should help us more and more often than it would hurt us
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