miner annual income: $68K x 165K coins = $11.2 billion
miner annual energy cost: 174 terawatts x $0.10/kwatt = $17.4 billion
net loss: $6.2 billion, that's $500 million per month.
"Surviving miners could lose $6 billion in 2024 instead of $4-5 billion."
Performance issues still? Yup. As predicted two two years ago but hey, Blackrock is skimming a ton of money off the true believers, so who cares if Bitcoin actually works?
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