Bitcoin Mining Difficulty All Time High, Inflation Data, Intel Laying Off 20,000 Employees
Brian Phobos
The Bitcoin mining difficulty is at all time highs which in a lot of ways doesn't make sense because energy prices are only going higher and this will really put the pressure on a lot of these mining operations. Typically the difficulty falls for 3 to 6 months before the crypto market has hit bottom. The inflation data says we are at 40 year highs for inflation. The general citizen is getting chewed up and spit out right now. Gas prices are higher in California than it is in Hawaii as if that makes any sense. California actually has oil reserves and refineries. Intel is laying off 20,000 employees and the waves of layoffs are continuing as we speak and is going to ramp up to an astronomical level. A lot of people don't realize it yet but everything is setting the stage for us to be in a great depression 2.0. People are losing their minds already. When it gets way worse there will be so many people wiped out. People will be in a situation where they can't give away a piece of property. Properties will be going up in tax sales for $10 again. ... https://www.youtube.com/watch?v=1TfxRU3rtFs
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