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11 sats \ 0 replies \ @BTCMiner OP 18 Nov 2022 \ on: Bitcoin miners are currently spending at a rate of 135% of daily issued coins 🧵 bitcoin
The link for this post uses a read-only front-end for Twitter, which can be easier to read for viewing a full Twitter thread. The Tweet that kicked off the thread is:
#Bitcoin miner Hash Price has plunged to a new all-time low of $58.3k per Exahash per day.
With $BTC prices now down over 76% from the peak, the mining industry remains under immense pressure.
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