Crypto Kai

The end of the Bigcoin Ponzi is probably here 🪦 I know this sounds like FUD but I started mining $big earlier than most people and had so much fun playing the game so it makes me sad more than anyone to write this Let me explain what is going on There are not many people who have upgraded to the space I have since you can only upgrade your space every 24 hours and I got in early and upgraded as soon as I could each day As of yesterday, I think only around 50 people had this space (aka some cheap office) and I would guess at that time only around 5-20 people had bought an ASIC miner like me since it was around $8600 at the time This space didn't have the wattage for an ASIC RIG so it could only hold one ASIC and a few other miners Which means as of yesterday... nobody had an ASIC RIG... That leads me to today... at around 5pm EST I was able to upgrade my space (a few other whales were likely able to upgrade earlier than that) As you can see in the photo on the right the new space has 7000 GW of available power... in other words... It could handle not just one... but three ASIC RIGS This is where I started to get suspicious of what would happen next Today was the first day I didn't immediately upgrade my space and max my miners... why? Each ASIC RIG is 3000 $big which earlier today was about $50,000 Now at this point I decided to stop upgrading and instead enjoy how far I had come for two reasons: #1. I didn't want to risk $50k let alone $150k #2. I didn't want to create insane sell pressure tomorrow absolutely wrecking everybody else playing (keep note of this) I believe the other 50 or so whales at this point also decided to pass on the ASIC RIG opportunity today except maybe one or two... Which leads me to my main theory on why we are cooked I think one or two whales who got to this point as fast as I did or faster decided to spend $100-150k on getting three ASIC RIGS and have been creating immense sell pressure ever since Three ASIC RIGS would mine 4,500 $big per day (very rough estimate) or rather $50k to $75k per day The token has dropped from $18 to $12 today which further strengthens my case... the timing lines up perfectly There is a whale or maybe two or maybe three that have triple ASIC RIGS and are absolutely printing right now They have no more incentive to hold $big because this is the final miner available and they know they can absolutely print money today and tomorrow while everyone else plays catch up The gap between them and the small miners is immeasurable For a whale playing this game, it's essentially the end. They won. The one or two people who did this will likely walk away with 6 figures in profit when it's all said and done There is not enough new people buying $big and playing games on Abstract to keep up with the absolute insane upgrade that was available today to a few early whales As I have written this post... I have watched the price go from $12 to $9 It was the most fun I have had on chain in awhile so thank you to @satoshibigmoto and I hope there is a solution to this or a opportunity for the fun to continue Check out my space in the other photo RIP BIGCOIN 💔