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ch0k11d ago
Iran oil shock more likely to affect BTC miners through price than energy costs https://www.theblock.co/post/393531/iran-war-oil-shock-mo… Bitcoin miners may feel the effects of oil shocks linked to the war in Iran primarily through bitcoin's price volatility rather than their energy bills, according to new analysis from Luxor Technology's Hashrate Index. The research examined how a geopolitical shock affecting global energy markets could influence mining economics after coordinated strikes by the United States and Israel on Iranian targets disrupted tanker traffic through the Strait of Hormuz. https://stacker.news/items/1454744
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