Bitcoin mining has totally recovered from Chinese ban

[OZER]

Bitcoin mining has totally recovered from the Chinese crypto crackdown that took more than half the world's miners offline virtually overnight earlier this year.
The recovery is measured by looking at hashrate, an industry term used to describe the computing power of all miners in the bitcoin network.
As of Friday, data from Blockchain.com shows that the network has completely pared back those loses, up about 113% in five months.


Source https://www.cnbc.com/2021/12/10/bitcoin-network-hashrate-hits-all-time-high-after-china-crypto-ban.html

[inflexion]

Yes, get rid of all democrats and socialists

[Zenyii]

Aggregate demand is being pumped up bc of extra money printed by the fed.....aggregate supply is constrained bc of pandemic....hence we get higher prices....the fed needs to gradually raise rates....they have been too low for too long  ...

[DennisLevis]

Taleb doing zero research as usual.

[countrified]

Bitcoin right now doesnt have fundamental value. Tell that to Tesla, Square, Cathy Wood, Goldman Sachs, CitiBank, Morgan Stanley.  Cant believe idiots like this get paid to be stupid.

[NightmareX91]

Lies, damned lies, and statistics

[beak]

watch?v=JkBpQG3FJwUwww..comCOME ON MAN!THE BALLAD OF SLEEPY JOE is our New   that reaffirms all of JOE BIDENs weak disastrous policies! https:

[size]

Bitcoin is the best way against inflation

[edusenx]

Tesla biggest bubble of all!!

[nudism]

The end of the dollar could be near. Too much chaos going on in the world, and there's no telling what we're going to experience in this new year coming up.

[emoedward123]

ah yes another possible major financial crissis,what a time to be alive

[Sou_Jhol]

Mr brooks was definitely needed person in clarity and was instrumental for this hearing

[MagicLinx]

Consumer spending power has remained relatively flat during the pandemic while the ability to spend was reduced. This results in a shift from spending on services, such as airfare and hotels, to spending on goods, which is subject to massive supply disruptions. Americans saved at record levels in 2020. If we really want to get goods inflation in check, we should work to entice other countries to reduce COVID restrictions to allow for a free flow of tourism. Spending on vacations reduces the appetite to buy a new car or other goods on a more frequent basis, in turn reducing demand on supply-strained goods.

[Darx]

5:50 This guy has no clue about Bitcoin, period. It is ok, but they need to read more about it before sharing opinions in this manner. Btw, I do not think Bitcoin is the best asset. Nevertheless saying Bitcoin does not have fundamuntal value is incorrect.

[supervisory]

That first 5 minutes is the longest time I ever listened to Maxine Waters without having to facepalm.