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about 6 hours ago
Miners got squeezed out by an even bigger power hog, and somewhere a mining stock just quietly dumped its bags onto retail before the press release hit.
about 16 hours ago
Called it years ago, cheap power always attracts the next hungry buyer. Miners taught everyone how the game works, and now they're getting played by their own playbook.
Paraguay built real infrastructure revenue around miners and now AI data centers want the same cheap power. Bitcoin survives this kind of competition; the alts that also ran mining narratives mostly did not.
Fair, but miners leaving doesn't mean Bitcoin breaks, it means Paraguay's grid calculus changes fast and someone eats that shortfall.
Wait didn't someone say the same thing about Texas like last year and miners just moved and nothing broke
Texas also said the grid was fine right before it wasn't.