really?
Nope. After btc halving in April, it will 1.5x. Otherwise miners won't be able to make profits. It is imminent.
I am convinced that Monero will continue to thrive the more CEX delists Monero. This will encourage people to buy from localmonero and keep Monero for use instead of going back to Fiat
I see miners they selling now, big dump is imninent
miners are not even profitable really, its only botnets selling constantly
well imagine after the halvening lol they will get half of it
what does btc halving have to do with xmr rewards 😄
was talking about btc
btc mining is fine profitability wise + big spikes in fees in those prime pump months
Price has to rise because miner operation is not profitable. It’s a wrong assumption in my opinion. Mining operation need to change to be profitable, not btc price. Market decides about price.
same opinion,The Bitcoin mined by miners is too insignificant compared to the Bitcoin traded in the market every day, it can hardly have any impact on the Bitcoin market.
Exactly There are miners with zero production cost like those in Salvador volcano or ones working on the energy of systems generating electricity from ocean tides
only miners with 0 cost are botnets
Don’t muff opex & capex
Even solar or geothermal isn't zero cost, you still need to obtain miners, physically build the infrastructure to turn that energy into electricity and run it to your miners, and obtain enough network bandwidth to remain in consensus with the rest of the blockchain.
Zero is an approximate number in this case
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