"Many Bitcoin miners are now turning their rigs off. Bitcoin's electrical cost has just been breeched for the 2nd time in only 5 years. The electrical bill for the average miner is now greater than the income earnt." - Charles Edwards
But the bigger story is the FXT saga (along with the Biance angle). If you don't know the players here count yourself lucky (although you may recall FXT's Super Bowl ad). And don't worry looks like Michael Lewis will be writing a book on FXT. He may have more of a thriller on his hands than he ever imagined,
Some are calling this Crypto's Black Friday (even though it was a Wednesday).
No comments:
Post a Comment