Listen to the Bears.

Metroid has called a bear market since Jan 2021 or 12+6 = 18 months in a row.

Every one of those months a person mining eth with a nvidia series gpu and 15 cent power turned a profit.


Lets see 3090 burns 300 watts  or 7.2 kwatts a day lets say 8 kwatts a day.say 8 x 15 cents  it earns 110 x 2.3 cents

so earns 2.53
and burns 1.20 at 15 cents

daily profit = 1.33 a day. this is not bear for mining

in fact

it burns

80 cents at 10 cent power

and

40 cents at 5 cent power


so

1.33 15 cent power for next 75 days = 100 profit
1.73 10 cent power for next 75 days = 130 profit
2.13   5 cent power for next 75 days = 160 profit

the numbers above are most likely surely going to happen

and they would mean that miners will have had a solid 21 months in a row of making money.

One or 2 more delays of pos now sept say Jan 1 would mean 24 or 25 months of profit since Metroid called bear.

Not knocking Metroid as we have a new condition here

bear/crab for investor/trader dec 2020 =28k June 2022 = 29k

bull/crab for miner same time zone


this is actually new as I see it.