mining cost is $10k, why buy from the market for $19k in the bear market?
Because mining cost isn’t 10k it’s more, which is why miners are selling in the first place ?
Lower hash rate doesn’t mean cheaper mining physical equipment, locations to host operations, maintains its cost regardless of the hash rate dropping ASIC miners are still expensive Operations./warehousing are limited to the 1% with the financing to do it over prolonged periods
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