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totally OT:Phil, what do you think the all-time low hashprice will do to the price?
Well depends on duration of it. If we stay in the 4 cent a th level long enough miners will shut down a lot.
Maybe the death spiral that has been feared happens.
Or a simple drop in hash to help miners survive.
We saw crazy hash rate drop in april 2021 which dropped prices 60 to 30k.
not so sure what will happen but I will be watching.
...price dropped 50% because of the China ban and obvious chinese miners disconnect due to the ban.
The ban came first.