Elephant In The Room

broward horne -

Ha ha.   In 2019, I warned Midnight that "your generation is about to unlearn a lot of false beliefs."  Twitter is just the beginning.

  • Paper silver price: $21.06
  • American Silver Eagle (ASE) price: $40.45

ASEs doubled since I bought in Jan, 2020, rising from 40% to 100% over spot.  And most people still can't do the Bitcoin math.  

Now

  • 120 twatts for 330K coins = 360K kwatts per coin
  • 360 kwatts @ $0.11 = $40K to mine one coin

In 2024

  • 140 twatts for 165K coins = 870 kwatts per coin
  • 870 kwatts @ $0.11 = $96K to mine one coin

Miners are losing at least $600 million per month now