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$1.05 hot chili limited

What a waste of electricity, haha.

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Trufflehunter

3,627 Posts.

347

26/03/24

17:20

Post #: 73068297
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Originally posted by 1OldGreyFart: ↑

the average global cost atm is about 40k to mine 1 bitcoin which can take up to 7 years. And that's the power cost. Of course there are many countries that have very cheap power and most of the miners gravitate towards those countries, but there are risks with doing that, the same sort of geopolitical risks that elemental miners are faced with. If your investing in crypto for the long term these calculations will be even more important to you as will the halving events every 4 years. Scarcity doesn't set the value on its own. Bitcoin will need to have utility as well. In the future it may, but for now it's utility is limited IMO.

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What a waste of electricity, haha.

HCH Price at posting: $1.10 Sentiment: None Disclosure: Held
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(20min delay)
Last $1.05		Change -0.005(0.48%)		Mkt cap ! $150.8M

Open	High	Low	Value	Volume
$1.06	$1.06	$1.05	$130.9K	124.5K

Buyers (Bids)

No.	Vol.	Price($)
1	45477	$1.05

Sellers (Offers)

Price($)	Vol.	No.
$1.05	46595	11

View Market Depth

No.	Vol.	Price($)
1	45478	1.045
7	63111	1.040
6	14727	1.035
11	76315	1.030
5	28350	1.025

Price($)	Vol.	No.
1.050	46595	11
1.060	20439	4
1.065	10736	1
1.070	23433	4
1.080	10339	3

Last trade - 11.36am 13/05/2024 (20 minute delay)


Last $1.05			Change -0.005 ( 0.47 %)
Open	High		Low	Volume
$1.06	$1.06		$1.05	11990
Last updated 11.13am 13/05/2024 ?

HCH (ASX) Chart

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