Miner rewards get cut every halving while electricity price keeps getting more expensive, and somewho everyone pretends that's fine.
yakub bear fuck you
>>62305447That's quite a bullish thing to say, for a bear.Why wouldn't it be fine?
>>62305576miners are operating in deep red, for starters, which greatly increases centralization risk, since only subsidized miners can keep the lights on. in other words, miners are no longer self-sovereign, which means they are compromised. broken incentive model.
>>62305667I understand. But the market is free yet, either way.
