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by asperous 4597 days ago
Doesn't that show your Bias? If you are a miner you have huge amounts of money invested in sha-256 specific ASICs. Perhaps ten of thousands of dollars worth.

Also by inflating the value of btc you hope to gain more money per liquidation.

1 comments

Most of my hardware is already paid off. My effective cost per BTC has been well below market prices. Sure I have continued revenue to gain, but I'm only in this position because I believe in bitcoin and want to see the world become a better place.