RE: Bitcoin mining difficulty is reduced by another 5%

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I was reading somewhere, I Can't remember where, that in order for BTC mining to remain profitable after the next fork, the price should be at least around 50k, and to sell right now for miners would be silly because the cost vs the price is even-ish... Can't source that cause I can't remember where I Read it though, but either way the mining cost sell pressure is an important thing to consider!


Btw man, I noticed that you powered up some Leo for LPUD a week ago, thanks for helping the Leo ecosystem grow! You're one step closer to becoming eligible to win that juicy HiveFest ticket.

The next step that will take you close to HiveFest, is to Bring your Fam to Leo, make sure to check it out!

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Hey @anomadsoul, nice reading from you.

50k, and to sell right now for miners would be silly because the cost vs the price is even-ish..

I completely agree but some of these miners are living paycheck to paycheck and have to sell to cover their costs or they just stop functioning. So they cannot have the privilege to just keep some BTC on the side for later on.

Yes I did power-up some $LEO and I plan to continue in 2 weeks hehe!

Take care

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