One fact is indisputable and it is as follows " The fastest miner wins the reward, second place wins nothing"
On that basis Qbt will smash it . It is very rare to find a company of this tiny size with such a monumental achievement that the bog boys cannot even achieve.
I repeat, if a deal is announced the rerate will be exponential, simply to realign the market valuation with relevant peers.
Stampee- absolutely, mining income will drop for a lot of miners in the next halving. Competition will be fierce, Qbt’s product could be the difference between financial sustainability and going under .