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5 sats \ 0 replies \ @Wil 13 Nov 2022 \ on: AskSN: Why is network hashrate at ATH while we are at the bottom in price? bitcoin
Miners need to make a profit constantly so unless there is some weird financing going on rn it seems like someone is making a power grab to bankrupt the other miners. Or maybe btc doesn't care how much a $ is worth now.