When supply shock
Today competing in my very first CrossFit competition
the problem is shitcoins POS
specifically the ones that are like this list below:
with
USDC
USDT
BNB
CET
KCS
and more it still feels like a glut of coins on the markets.
the difficulty is dropping hard -12%
if we get continued Diff drops (we will have a few)
it will begin to create more downward pressure on price.
Much like when China kick out a ton on miners and the high of 69k dropped a ton to follow the hash rate drop.
Here is first USA mining ban (only 2 years). So DCA and Hodl
ie any new large mine must use renewable energy.
So
Niagara falls = yes
Solar = yes
Wind mills = yes
all other = no
this could prove to be an interesting twist for mining if it catches on in the USA.
If what you say is true, hopefully, other state leaders are not as retarded as the New York legislators. .. so yeah.. "interesting" to find out the extent to which retardedness is contagious.
let me find the links.
https://news.yahoo.com/york-signs-2-crypto-mining-103633482.html
carbon based electrical
mines can not be built.
and this one may get shut down
https://decrypt.co/98067/greenidge-faces-uphill-battle-renew-bitcoin-mining-permit-regulator