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Post #2932
@alpha_updates
Alpha updates. 🪓
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Despite the market conditions, miners aren’t showing any real selling pressure even though they’re currently “Extremely Underpaid.” The U.S. alone holds ~40% of global hashrate, with a mining cost of ~$102K per BTC. The global average sits around ~$91K. Miners holding is good for the market… but this situation may not last long if Bitcoin keeps sliding.