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Re: couldbebetter post# 281

Tuesday, 05/25/2021 8:46:51 AM

Tuesday, May 25, 2021 8:46:51 AM

Post# of 430
The Chinese Bitcoin mining ban will benefit MKTY's EcoChain more than most of the other bitcoin miners.

1.) The situation has brought attention to the carbon footprint of Bitcoin mining operations. EcoChain only powers their operations with stranded renewable energy, which has zero carbon footprint, along with some of the lowest electrical rates of any bitcoin miners.

2.) The closed Chinese operations are already liquidating their "miners". The supply of second hand, second generation miners comes at an ideal time, as EcoChain is building out their operations with lower cost second generation equipment. The sheer number of miners being put out of business should create some real bargains in the second hand miner market over the next few months.
https://fortune.com/2021/05/24/bitcoin-china-crypto-miners-crackdown/

Network difficulty has dropped, benefiting all the current miners on the network, RIOT & MARA apparently ran on that sentiment yesterday, MKTY will benefit more in the long run IMO.

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