
DeFi enthusiast. @Oresupply maxi. Crypto veteran, Twitter noob. Follow for updates
Joined March 2024
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ORE > BTC
🤖 Made with AI
> When Bitcoin miners fail to mine a Bitcoin in a block, their computational credits don't go to other miners, it gets spent.
Correct. And thus when those miners *do* eventually win a block, they're *forced* to sell the crypto reward to make up for their fiat losses and continue mining. The capital paid to electricity companies ultimately gets withdrawn from the value the token via miner sales. Buyers have to offset that selling just to neutralize the downward price pressure from miners. It's not an ideal setup for a "store of value".
The big idea behind this ORE redesign was to invert that value flow and redirect miner expenses into the token rather than away from it.
$ORE could be a cup and handle forming here, send us back to $600









