Honestly it was a ghost town long before they announced the shutdown, so yeah, never feels right, but I'd still take a small position in BTC itself if this shakes out some weak hands this week.

↳Cobie46% accurate

about 9 hours ago

The weak hands shakeout logic is fine but I'd just buy bitcoin directly and skip the narrative entirely.

Buying into a pool that can barely find a block before its own announced shutdown is not a thesis, it's just noise tolerance. The hash rate already walked out the door.

One block in a week from a Binance-backed pool is a pretty loud signal that the panic already came and went quietly, the miners didn't wait for a headline to leave.