One gigawatt

[Anonymous No.16327642]

https://www.coindesk.com/1-gigawatt-bitcoin-mine-under-construction-in-texas-would-dwarf-bitmains

[Anonymous No.16327800]

>>16327642
Why the fuck would you invest in mining right before the reward halving when hashrate is already peaked and China has cheaper electricity, cheaper labor and easier and faster access to mining equipment?

[Anonymous No.16327805]

>linking an ad blog
shoo shoo keyboard monkey

[Anonymous No.16328147]

>>16327642
The company, Whinstone US, already has a bitcoin mining operation in Louisiana so they must know something that you don't.

[Anonymous No.16328410]

>>16327805
Fuck off retard

[Anonymous No.16328428]

>>16328147
they going down nigger lover

[Anonymous No.16328437]

>>16328147
Appeal to authority fallacy.
The majority of businesses fail, historically because they are run by humans, many of whom come up with retarded ideas but manage to leverage capital by pitching their retarded ideas to retarded investors who got their money by betting against the right retard at the right time in the past.

[Anonymous No.16328457]

>>16327800
they’re going to be mining chainlink, not boomer ponzi coin.

[Anonymous No.16328464]

>>16328457
you can't mine chainlink holy shit stinkers are double digits IQ

[Anonymous No.16328474]

>>16327800
because china controlling mining was just phase 1. hashrate is about to go up 10x over next 3 years as us fully gets invested. also what the standard ~103iq bizraeli fails to get is these are basically nat gas electricity generation plays, thus fairly easy to attract capital from markets.

[Anonymous No.16328489]

>>16328474
you don't understand that we are about to have miner capitulation to realize fully the bear market

[Anonymous No.16328598]

>>16328474
How do you beat Chinazi miners that can go into post halving hashrate war with Western world and win while mining in the red or at barely breakeven because they have an added benefit of avoiding increasingly more insane capital controls? They literally don't even have to profit from mining to be profitable because for some people having bitcoins on the other side is more valuable than having RMB on their side. You cannot beat this. They can mine in the red and still consider it a win.

[Anonymous No.16328613]

>>16328489
>miners are investing in massive expanding of their infrastructure so they can sell
are you aware of stupid you sound?

[Anonymous No.16328633]

>>16328598
>They can mine in the red and still consider it a win.
what do you think the entire shale oil industry is? what do you think the entire banking industry is? what do you think negative interest rates are?
free central bank money isnt just available to dog faced chinks....everyone has it now and the west is now deploying its monopoly money bags towards mining. the funny thing is, its going to be one of the few boondoggles that actually produces a real profit in 5 yrs.

[Anonymous No.16328769]

>>16328613
businesses die because of over expansion
also you can bet the farm that this new facility is just a honeypot for dumb money
and it is not the miners money they are and will be spending

you sound like 2017 fag

[Anonymous No.16328787]

>>16328769
>btc price is up 80% over last year
>this means its dying
are you aware how stupid you sound?

[Anonymous No.16328814]

>>16327642
OH MY FUCK BITCOIN WAS DESIGNED TO INCENTIVIZE PEOPLE INTO CREATING ENERGY FARMS CAPABLE OF MASSIVE OUTPUT SO ((SOMEONE)) CAN ACQUIRE THE POWER NEEDED TO RUN A ((DEVICE)) POSSIBLY CAPABLE OF ACHIEVING CERTAIN POPULAR SCIENCE ((FICTION)) TROPES IN REAL LIFE

[Anonymous No.16328852]

>>16328769
resorting to ad hominem after 2 posts makes your opinion moot, leave this thread now

[Anonymous No.16328853]

>>16328787
irrelevant
I already sold at x3 profit

[Anonymous No.16328885]

SQRMF

[Anonymous No.16328991]

>>16327642
Lel

Rev up that security budget, based Texans going to 51% this shit