Ore Reporter⛏️ (@OreReport) profile picture

DeFi enthusiast. @Oresupply maxi. Crypto veteran, Twitter noob. Follow for updates

Joined March 2024
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 The capital paid to electricity companies ultimately gets withdrawn from the value the token via miner sales.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.
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Would locking more liquidity in here increase volume for both or is this dumb?
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People saying we’re going into bear market but I’m watching different charts. Year of the Fire Horse coming soon, I’m all in on @ore Worst case I get mOre time to stack $ORE
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Exit the trenches, enter the mines $ORE
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$ORE could be a cup and handle forming here, send us back to $600
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I don’t see anything wrong here $Ore
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$Ore is @solana’s new store of value
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Replying to @ORE
@ore might be the missing puzzle piece to something I’ve been working on for years now. Hear me out
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