Arthur Hayes Analyzes Potential Impact of Middle East Conflict on Bitcoin
TLDR Arthur Hayes predicts Bitcoin could benefit from Middle East conflict Iranian Bitcoin miners account for up to 7% of global hash rate Hayes believes destruction of Iranian mining wouldn't impact BTC price Oil price surge from expanded conflict could boost Bitcoin's value Bitcoin mining profitability expected to remain stable despite potential energy price increases [.
TLDR Arthur Hayes predicts Bitcoin could benefit from Middle East conflict Iranian Bitcoin miners account for up to 7% of global hash rate Hayes believes destruction of Iranian mining wouldn't impact BTC price Oil price surge from expanded conflict could boost Bitcoin's value Bitcoin mining profitability expected to remain stable despite potential energy price increases [. What's Your Reaction?
