CrabBoss(@CrabBoss_):It was only the latter person who left, but the Chinese mine owner will not leave. Because they have mined a large amount of XBT coins using the SV1 protocol, and are continuously unlocking them every day. They are also selling a large number of XBT coins every day. Their power cost is very low. Moreover, they have sold a large number of XBT coins before, and have a lot of USDC as costs to maintain this 45-day lock-up period. You have oversimplified the Chinese mine owners.

CrabBoss

@CrabBoss_

I am a blockchain miner and trader within the decentralized system.

가입 November 2019

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CrabBoss@CrabBoss_

2026.09.27 05:12

It was only the latter person who left, but the Chinese mine owner will not leave. Because they have mined a large amount of XBT coins using the SV1 protocol, and are continuously unlocking them every day. They are also selling a large number of XBT coins every day. Their power cost is very low. Moreover, they have sold a large number of XBT coins before, and have a lot of USDC as costs to maintain this 45-day lock-up period. You have oversimplified the Chinese mine owners.