Despite $BTC bear market, hashpower doubled since May to 57 EH/s. Even with upgrades to existing equipment, implies almost 1GW of new power consumption vs 5.2GW in May '18.
Breakeven now $7300 ($5300 cash BE) vs. $6000 in May.
Updated estimates of fully loaded breakeven cost (now $7300 vs $6000 previously) for #btc based on the quant model developed by quant/data scientist FundStrat
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