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conix

06/25/22 10:10 AM

#6046 RE: hobowilly #6043

Any miner who HODL is hurting. The non-HODL'ers are going to survive the coming shakeout in crypto miner land.

https://bitcointreasuries.net/

HODL and non-HODL miners have come down dramatically. But the non-HODL miners have been selling their bitcoin and they mined. So their average Bitcoin price they sold at is over $35,000. They have cash and are going to be buying crypto mining machines at discounts from the cash strapped miners.

If you look at the list of HODL miners above, there is one miner that is not on the list--MIGI. I am sure there are a few other publicly traded miners that did not HODL, but these are the ones that are going to benefit from the rebound because they have CASH to buy more machines on the spot market.