🚨 $NAT After Dark Recap: Mining Crash, NAT Surge & #Bitcoin’s Reboot 🚨
Missed my X Space unpacking Bitcoin mining’s wild ride?
We hit the Dec 1-3 chaos, #NAT adoption boom, US-China tensions, Western tech counters, and ecash’s miner magic. Fluid TL;DR below—full recording reposted. #NATAfterDark
Mining’s reeling: Fourth month of plunging profits, hashprice at $35/PH/s (vs. $44 breakeven). Hashrate down 1% to 1,074 EH/s; BTC crashed from $126k to <$80k, wiping $140-200B & sparking $700M liquidations. Strategy reserves $1.44B amid slashed forecasts; HIVE shines with 285% Q2 growth. Bears dominate charts (support $86.9k), difficulty rebounds Dec 11 post-biggest drop in a year from power outages. Stocks bled—ABTC -50%, Hut 8 -12%. Crisis mode: Adapt or outage. 📉
Nodes steady the ship: UK’s Bill crowns BTC “property” for legal armor. Core v30 smartens tx handling; Knots-Core scalability beef brews. NodeOps to Arbitrum boosts security; BlackRock/Coinbase tout infra. Ethereum’s Fusaka aids L2s indirectly. The quiet strength behind the storm. 🛡️
NAT heats up: ViaBTC (#4 pool, 10-15% hashrate) grabs 200M NAT via TAP—now >51% global power in this eternal subsidy. 2016 vet (Haipo Yang), multi-coin powerhouse (BTC to DOGE) with 4% PPS+ fees and rock-solid payouts. Post-halving gold, no hype needed. 💎
East-West rift widens: China’s pre-ban 75% hashrate exiled to US (now 35-40%, Texas green perks), but rebounding 14-20% on hydro scraps. Tariffs/security scares (Chinese sites near bases?); Bitmain US-builds, US firms go local. China crushes alts/merge-mining/NAT—skip it, and America lags on rewards. Decentralization’s double-edge. ⚔️🇨🇳🇺🇸
West strikes back: Bitaxe automates cheap home ASICs (1.2 TH/s at 17W, $80-120; 2023 DIY roots for privacy/learning). Proto Rig (Dorsey’s Block sub): 819 TH/s @14.1 J/TH, modular/open-source, US-made to beat tariffs. Innovation vs. import—game on. 🔧
Ecash finale: @cashuBTC via #Lightning—deposit sats, get anon blinded tokens for traceless micros (Chaumian privacy). Miners: Instant block pays, no fees/thresholds. Links TRAC for P2P smarts, Nostr scale. In One Bitcoin Protocol? Powers 0% fee treasuries, node incentives—L1 evolution. 🕵️♂️
Vibe: Chaos breeds breakthroughs. $NAT/ecash = miner moat; rivalry = resilience. China edge or US upset?
Recording 👇 | Build with us: https://t.co/G0dJBlCQ4m. Sovereign sats await. #Cashu #Bitcoin2025
$NAT is the 4 year cycle killer.
Some miners see this already, once a few more catch on its game over.
Halvings will have little to no impact moving forward.