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/biz/ - Business & Finance


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17839239 No.17839239 [Reply] [Original]

Average mining cost is 6800$

How is 4800$ justified?

>> No.17839267

>>17839239
are u a newfag?

kys mayo

>> No.17839275

Its not, and when bitcoin crashes to sub 2k this week and halvening makes it double the cost to mine, it will go to 0

>> No.17839299

>>17839239
halving my nigga
this is the final shakeout. whales took advantage of the corona fud to buy more just before the bull run

>> No.17839308

>>17839239
Forcing small miners to shut down to centralize this shit is the best explanation I got from here.
Then there's the BSV fud.
Then there's the BTC to 0 fud.
Then there's the corona fud.

>> No.17839364

>>17839299
>>17839308
bagholder cope

>> No.17839385
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17839385

>>17839239
because buyers make markets, not seller

>> No.17839436

>>17839239
Costs are cheaper in china.

>> No.17839457

>>17839299
you will lose everything, unless you buy Monero

>> No.17839458

>>17839385
>he thinks bitcoin has any buyers lately

Thats why it kept crashing on bitfinex, nobody was buying so they shut it down and blamed it on a botnet attack

>> No.17839500

>>17839458
yes that's what I was implying ...

>> No.17839501
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17839501

>>17839239
>chinese have $0 costs
>OP adds $6800 from his ass
Thanks OP, but you really need to go back