Bitcoin Needs $82,900 to Beat Looming Miner Margin Squeeze
A projected 4.7% difficulty bump at the Sept. 19 retarget would compress hashprice by ~4.5%, and rigs above 34.6 J/TH would fail to cover power even at $84,000.
Every Zipp story tagged #DifficultyAdjustment, newest first.
A projected 4.7% difficulty bump at the Sept. 19 retarget would compress hashprice by ~4.5%, and rigs above 34.6 J/TH would fail to cover power even at $84,000.
The mid-June difficulty cut confirmed a thesis the floor argument never wanted to accept: Bitcoin can trade well below average cost and the network keeps running, with public miners dumping treasury…