So the bottom line is go away miners stop stacking hardware and think about buying some bitcoins Instead ? Because
- mining power as of today , and going up exponentially, are at least 100 times the demand for the BTCs ?(supply)
- daily add ups of actual and planned additional compete-against-each-other giga hashes (supply),
- crazy 5x-actual-value investments are being added to the hardware (supply) with nothing in the horizon for the demand,
- daily added governmental restrictions and sniff in regulations over trading and exchanging to cut off the original attractiveness of BTC idea, (demand)
- ....... .
I am not sure of the numbers but do we have actually a sum up of total investments in dedicated hardware that is three times the total market cap of BTC itself ?