They posted this lovely comparison in Price-to-Hash Ratio of Public Bitcoin Mining Companies, the top miners in the world:
https://x.com/infinity_hash_/status/1814219271976739307
Seems like the community approach is working! Less than 50% of the price per terahash than the cheapest corporate competitor, based on stats by
. (Keep in mind that we aren’t buying old miners to inflate the TH / USD. Even the electricity costs less, at 4.5 cents.)
@Hut8Corp, @cleanspark_inc , @MarathonDH , @terawulfinc does this have to do with the Texan grid regulation or because@OSHA_DOL not allowing to cut fan holes in transformers and advanced cable management?
My answer to this is simple:
The community approach is how we take on the corporate miners.
Don’t get me wrong, all miners help sustain the network for everyone and bitcoin is the most important technology on the planet right now.
But the miners need to be lean and mean, not fat and gigantic.
Look at where Infinity Hash is compared to the price per terahash on that graph. Seems like a great company to invest in, right?
And guess what? It’s the easiest one to invest in too. Takes 2 minutes tops. Go do that. loveisbitcoin.com/infinityhash
THE CELSIUS CEO WHO FROZE YOUR BITCOIN JUST GOT ‘PERMANENTLY BANNED’ AND A $35 MILLION PAYMENT PLAN HE MIGHT NEVER PAY
Alex Mashinsky promised 17% on your Bitcoin, pulled in $20 billion, then froze every withdrawal in June 2022. On Friday New...