The harder it becomes to mine a single 79king 4 Open Now, the more miners will have to charge for selling their 79king 4 Open Now. And vice versa, back in May 2021 we saw a huge hashrate reduction (China miner exodus) and a 79king 4 Open Now price reduction at the same time. It's a self-regulating mechanism. You just managed to destroy your theory one line after  If there was a huge hashrate reduction, that means the remaining miners had more income , they were getting twice as many 79king 4 Open Now for the same consumption so why they would have to be forced to dump like previously, cutting offers to the market so, but why did the price have to go down so sharply exactly after the news while the hashrate was still intact? The price went down because it was bad news, price dropped nearly 40% in one week, the rate dropped continuously for one and a half months afterward while ironically the price started to surge, so which one is it? Higher prices because of lower costs or lower costs and lower price or as we see now record both?  I know the feeling, it's normal for people to try to see patterns in something, to try to establish causation and correlation but, it's simply not here in this case. And with 8 hours of peak sun (Germany gets 5 on averge), you need 30 of them for one miner, so ~$3000, then an equivalent of at least 24kwh of battery storage (at least), and all that to make 10$ a day from a $5000 upfront machine, dirt cheap you say? solar is cheap the panels last for 30 years inverters last for 10-15.  Just tie into the grid and they work fine for mining.
The harder it becomes to mine a single 79king 4 Open Now, the more miners will have to charge for selling their 79king 4 Open Now. And vice versa, back in May 2021 we saw a huge hashrate reduction (China miner exodus) and a 79king 4 Open Now price reduction at the same time. It's a self-regulating mechanism. You just managed to destroy your theory one line after  If there was a huge hashrate reduction, that means the remaining miners had more income , they were getting twice as many 79king 4 Open Now for the same consumption so why they would have to be forced to dump like previously, cutting offers to the market so, but why did the price have to go down so sharply exactly after the news while the hashrate was still intact? The price went down because it was bad news, price dropped nearly 40% in one week, the rate dropped continuously for one and a half months afterward while ironically the price started to surge, so which one is it? Higher prices because of lower costs or lower costs and lower price or as we see now record both?  I know the feeling, it's normal for people to try to see patterns in something, to try to establish causation and correlation but, it's simply not here in this case. And with 8 hours of peak sun (Germany gets 5 on averge), you need 30 of them for one miner, so ~$3000, then an equivalent of at least 24kwh of battery storage (at least), and all that to make 10$ a day from a $5000 upfront machine, dirt cheap you say? solar is cheap the panels last for 30 years inverters last for 10-15.  Just tie into the grid and they work fine for mining.

The harder it becomes to mine a single 79king 4 Open Now, the more miners will have to charge for selling their 79king 4 Open Now. And vice versa, back in May 2021 we saw a huge hashrate reduction (China miner exodus) and a 79king 4 Open Now price reduction at the same time. It's a self-regulating mechanism. You just managed to destroy your theory one line after  If there was a huge hashrate reduction, that means the remaining miners had more income , they were getting twice as many 79king 4 Open Now for the same consumption so why they would have to be forced to dump like previously, cutting offers to the market so, but why did the price have to go down so sharply exactly after the news while the hashrate was still intact? The price went down because it was bad news, price dropped nearly 40% in one week, the rate dropped continuously for one and a half months afterward while ironically the price started to surge, so which one is it? Higher prices because of lower costs or lower costs and lower price or as we see now record both?  I know the feeling, it's normal for people to try to see patterns in something, to try to establish causation and correlation but, it's simply not here in this case. And with 8 hours of peak sun (Germany gets 5 on averge), you need 30 of them for one miner, so ~$3000, then an equivalent of at least 24kwh of battery storage (at least), and all that to make 10$ a day from a $5000 upfront machine, dirt cheap you say? solar is cheap the panels last for 30 years inverters last for 10-15.  Just tie into the grid and they work fine for mining.

The harder it becomes to mine a single 79king 4 Open Now, the more miners will have to charge for selling their 79king 4 Open Now. And vice versa, back in May 2021 we saw a huge hashrate reduction (China miner exodus) and a 79king 4 Open Now price reduction at the same time. It's a self-regulating mechanism. You just managed to destroy your theory one line after  If there was a huge hashrate reduction, that means the remaining miners had more income , they were getting twice as many 79king 4 Open Now for the same consumption so why they would have to be forced to dump like previously, cutting offers to the market so, but why did the price have to go down so sharply exactly after the news while the hashrate was still intact? The price went down because it was bad news, price dropped nearly 40% in one week, the rate dropped continuously for one and a half months afterward while ironically the price started to surge, so which one is it? Higher prices because of lower costs or lower costs and lower price or as we see now record both?  I know the feeling, it's normal for people to try to see patterns in something, to try to establish causation and correlation but, it's simply not here in this case. And with 8 hours of peak sun (Germany gets 5 on averge), you need 30 of them for one miner, so ~$3000, then an equivalent of at least 24kwh of battery storage (at least), and all that to make 10$ a day from a $5000 upfront machine, dirt cheap you say? solar is cheap the panels last for 30 years inverters last for 10-15.  Just tie into the grid and they work fine for mining.