does not depend on wallets or other factors, it depends on manipulations.
Think about it, who needs bch? But it costs 10 times more. The reason for this is simple, a controlling stake of coins. Who has the data, who owns the largest wallets?
Most likely, they belong to those who have been in this business for a long time and know the value of the project. As Gary Gensler taught, if something "walks like a duck, swims like a duck, and quacks like a duck, it's a duck." What I mean is, when you correctly assess a project and its prospects, you try to set a goal to “get” a certain percentage of coins in circulation. At one time, Gemini wanted to purchase 1% of the turnover of Btk coins. But now it's probably not Gemini.
Which one of you is seriously mining z? The fact is that everything that is mined is sold to pay for light, and I can definitely say with confidence about this, because I have mined 700+. In this regard, the price increase has no resistance. Miners have no savings.
I'm not a miner myself, but I understand what you mean. I think that there are serious zec miners who diversify the risks of price drawdown, probably with another tool.
At one time, I invested $ 200k in mining z. I can say with confidence that it is easier to buy it than to mine it and it is 100 times cheaper
Serious zec miners don't mine Zec
Его и нужно покупать)
It turns out that everyone is ready to buy. Mining is unprofitable. Bitmain and binance are the main holders
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