There's so little liquidity post-merge that it's only worth mining as a way to launder stolen electricity.
The bitcoin people still waste raw materials, and prices are relatively sticky with so few suppliers and a backlog of demand, but we've already seen prices drop heavily since then.
There's so little liquidity post-merge that it's only worth mining as a way to launder stolen electricity.
The bitcoin people still waste raw materials, and prices are relatively sticky with so few suppliers and a backlog of demand, but we've already seen prices drop heavily since then.