RE: Here we go again30 Dec 2023 13:35
"BobsSock, the miners will know all the information way before we do so that’s another of your arguments debunked, unless of corse you think the miners are stupid?"
I have already said they are stupid.
https://archive.is/zaUOs
"Miners listed on the world’s stock exchanges have this month committed to spending around $600mn (price adjusted £468mn) on buying new chips and servers that are the keystone of the digital ledger underlying bitcoin, according to The Miner Mag, an industry data provider. The December amount is nearly half of the $1.3bn total committed for the year."
What bunch of nutters would blow $6,000,000 in one month, 20 times the value of QBT the same month when QBT announces they can have 2.6x better performance next year. After all these are the guys who are in advanced discussions with QBT. The level of stupid is just off the scale.