We will see. Chump or Champ. Moon or Doom. Boom or Bust
well i always said i would ride this pig either to the moon or till it hit the the ground so hard and made a crater so big a new sea will be named after it.
BTC/Crypto: Always Drama!
halfing. covid-19. bitmain internal civil war. multiple economies in the toilet. burrr machines running at such high speeds it was never before though possible.
this is next level drama. need more than just popcorn this time around. perhaps we need popcorn to be stockpiled in our strategic reserve. should be plenty of room as currently its pretty empty.
EDIT: in previous btc halfings was there ever such a potential drop of hash rate vs price when hash power could actually go somewhere else (bch/bsv)?
1st halfing was gpu/fpga/asic transition, 2nd halfing was asic to a better asic (process shrinks were still happening regularly). this time around process has matured to the point near state of the art and bitmain is holding all the aces and wont let anyone play with them.
is that more or less the situation (pardon my memory of history)? cuz if so this does set up some pain.
apologies for ignorant questions and/or errors in my thinking; i stopped btc mining around the BFL dumpster fire time.
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