Miner Model Update after a Volatile Week (Patreon)
Content
Hello Everyone,
As you're aware, last week witnessed significant price fluctuations in miners due to Bitcoin's dynamics and halving-related concerns. In this update, you'll observe that BITF and CIFR declined, while DMGI experienced substantial growth.
It's important to emphasize that as prices, hash rates, and productivity shift, the entire landscape evolves. Our new model enables us to stay ahead of these changes.
Please note: While the model might pinpoint the optimal miner, market behavior isn't always rational. Money continues to flow towards prominent players like Marathon, despite not performing well in our model.
Thank you