Miner capitulation is here. Core Scientific talks potential bankruptcy, says cash resources will be depleted by year's end. Rising electricity prices and equity share dilutions remain major risks.
Great work and commentary. The present bitcoin cycle will challenge us all for at least another 2 years. (hang tight is all I can contribute.) Going forward we will need to have and be proven correct that the 4 year cycle always turns up and rises above prior highs. In the meantime we should keep searching for and supporting the new ideas layered on top of the bitcoin financial framework.
Great work and commentary. The present bitcoin cycle will challenge us all for at least another 2 years. (hang tight is all I can contribute.) Going forward we will need to have and be proven correct that the 4 year cycle always turns up and rises above prior highs. In the meantime we should keep searching for and supporting the new ideas layered on top of the bitcoin financial framework.