Hashrate is going to the moon ๐ .
A new difficulty ATH in 2 days is very likely.
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Nation states going full steam.
I think the price increase will bring back a few marginal cost miners. I'm curious to see how much is still dormant. We'll see once the price explodes.
In addition a few frontrunning the price to be in the pole position for the bullrun.
I saw an official interview that the middle east already have 4 percent of the global hashrate. Game theory at its best.
And its gonna be colder in winter so they heat their houses with old s9s ๐