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/biz/ - Business & Finance

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17407900 No.17407900 [Reply] [Original]

Why is Bitcoin hashrate going down?

>> No.17407954
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17407954

>>17407900
Because it's been going up.

>> No.17407997

Dead chinks

>> No.17408232
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17408232

Because craig is a fraud

>> No.17408242

>>17407900
it's on ATH

>> No.17408253

>>17407954
>bro craig is just like this anime protagonist, he's super cool and edgy

>> No.17408263

>>17407997
kek this, china runs all the miners they had to close up shop

>> No.17408268

>>17407900
Is this bullish or bearish?

>> No.17408278

>>17407997
This.

Also China is killing electrical grids in quarantined Provinces.

Plenty of mining capacity being offed. But I would assume as soon as the power is back on, most of that capacity should re energize and scripts should execute, returning some hashrate.

>> No.17408288
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17408288

>>17407900
It is not going down.

>> No.17408293
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17408293

>>17408232
Soon.

>> No.17408512

>>17408288
umm sweety, that is clearly going down since mid jan

>> No.17408659
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17408659

>>17408512

>> No.17408806
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17408806

>>17407900

Because BTC and other crypto is a Ponzi scheme pumped by cheap speculative liquidity and will be soon liquidated to USD as many will be forced to cover their liabilities. You should have bought silver and gold.

>> No.17408849

>>17408806
Mr Schiff is that you? Gold will hold no intrinsic value when markets collapse as it’s not a vital material in any survival situation let alone in someone’s profession