#1033 - Dylan LeClair On Why Crypto Companies Are Failing Right Now?
The Pomp Podcast
00:00
How to Evaluate Bitcoin Liquidations in Real Time?
The trend in bitcoin is hash prices going lower forever, essentially. But the beauty of bickwin is these machines don't just turn off forever. They're sold. The inefficient miners have to sell their holdings. In what happens? Someone else with a cheaper power source ceep their energy and better, more well capitalized, they scoop up the miners,. And they continue to hash. So i think there is still, you know, a period ahead of us where these miners are really going to get squeezed. There goingto have to be selling a majority of their stock.
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