Yeah, nothing more to say, words can't always express all that's going on!
True, Bitmain is a piece of shit. That's the only thing I have to say.
Corona-V has hit the world's economy hard. Dow Jones Market is set to drop 1000 point today.
Well in theory, but just in theory, a slowdown would mean less energy consumed, cheaper prices, (like what's happening in oil) so IF the coins price stays up or even grows a little, miners will be affected less than other parts of the economy.
This proves my point even further, the stock market, forex, oil, and gold are all driven by somehow professionals who usually end up doing the "logical" thing be it the right or the wrong move, while mining is highly effected by immatures and newbies who have no clue about anything. in fact, if anything hash rate should actually collapse and not rise, with all the mess going on, bitcoin mining is at even at worse place than everything else, the mining rewards are due to be cut in half and yet these newbies keep on adding gears to the network.
By the way, I still remember our discussion and how you overlooked the importance of China, there you have it now, everything is collapsing because when China coughs the world MUST listen and cough along.