The amount of uninformed people in the comments of this post is not surprisingly high. People have been indoctrinated to think Bitcoin is perfect and that the difficulty adjustment solves everything. The difficulty adjustment just maintains a 10 min block time, that's it. The security of Bitcoin is measured by the cost of attack not hash rate. Miners leaving the network increases centralization and reduces the cost of attack. Binance leaving alone isn't the issue, the issue is the trend of miners leaving the network as more halvings occur. Binance generating billions in revenue cant even mine Bitcoin altruistically, despite Bitcoin's importance. This is a notable data point for the altruism fans, that incentives is what drives behaviors, not virtue. You would expect that as the network grows in value, now at $1.6 T, the security infrastructure that secures it would grow, but instead we have less miners over time rather than more. The lack of understanding of simple math is a good indicator that Bitcoin can still fail on its mission. Humanity can fumble this ball by making Bitcoin infinite or taxing all Bitcoin holders. Don't let it happen, read the NATpaper @natgmi

Want to know which miners support ethereum:0x249130f5e2dd4cf278180c0df8273f3592ad1247 ? Antpool, F2Pool, ViaBTC, SpiderPool and Luxor. Over 60% of Bitcoin hash power. Maybe they know something you don't.

Binance shutting down their Bitcoin mining operations doesn’t really invoke confidence in Bitcoin does it? How does the biggest exchange in crypto not find Bitcoin mining profitable? It’s the declining security budget is how. This problem will only get worse and leads to less security and more centralization. It’s time for everyone wake up and support Bitcoin 2nd subsidy ethereum:0x249130f5e2dd4cf278180c0df8273f3592ad1247. This is the only token in crypto that actually helps Bitcoins long term security. You do NAT have a choice any more… Unless you want infinite Bitcoin supply or give up your property through taxation. @natgmi <— predicted this outcome, read the NATpaper

We have another Bitcoin miner pivoting away from Bitcoin to AI. Anyone else seeing a pattern? Are you NAT concerned? Just a little more centralization won’t hurt anyone’s Bitcoin bags right? And you think quantum is a looming threat, declining security budget problems are already here. You’re just ignoring it because hope based security makes the problem easy to ignore. For everyone else who sees this problem there is ethereum:0x249130f5e2dd4cf278180c0df8273f3592ad1247 @natgmi

Security of Bitcoin = Cost of Attack = Miner revenue Relying on fees to pay for the security of Bitcoin is relying on a hope based security model. Today, fees cover anywhere between 1-5% of the total block reward and it will grow over time. Why? Because the primary subsidy gets cut by 50% every 4 years. So the share of the fee revenue will go up. But that doesn't mean the security rises. 95% of Bitcoin mining revenue comes from the primary subsidy which is significantly impacted by the halving. The counter force to this is is exponential value growth of a minimum of 2X forever for each Bitcoin. The problem with relying on this is that nothing grows exponentially forever and even if it did, you'd be securing an exponentially increasing value with today's security budget. If Bitcoin were to grow to a $400T market cap as most believers say it will, then the security budget must grow along side this value growth or $400T isn't grounded in reality. Relying on fees means that fees must go up as the value grows and as fees grows people will decide to use anything else for transactions. A large portion of Bitcoin's volume is purely off-chain via ETFs and treasury companies. Bitcoin's dominant use case is a store-of-value. Claiming fees is the answer is just hope because the traditional solutions are so profoundly bad. The alternatives are to make Bitcoin infinite or tax all holders. The choice is to give up scarcity or give up property rights. If you don't want to give up scarcity or your property rights, there is ethereum:0x249130f5e2dd4cf278180c0df8273f3592ad1247 which is the first bitcoin native token that tokenizes bitcoin's security and delivers all the value to all Bitcoin miners that win a block. Its not subject to halvings, it is powered by Bitcoin, no team allocation, no VCs, free and fair. Over 45,000 holders. 60% of Bitcoin hash power is already supporting it because they know the alternatives will not work. "The reason you buy ethereum:0x249130f5e2dd4cf278180c0df8273f3592ad1247 is the same reason you buy BTC. BTC is a hedge against the fiat system, whereas NAT is a hedge against Bitcoin’s economic flaws. You buy BTC because you believe it solves the problems of the fiat system. You buy NAT because you believe it solves Bitcoin’s economic problems. That’s the "use case" for NAT. Using BTC for transactions was never the reason we bought it in the first place." - shout out @natssats If you don't believe me or don't get it, read the NATpaper: @natgmi