Bitcoin miners losing almost $3,600 per BTC mined.
In the last year electricity prices have more than doubled for many. Bitcoin prices have dipped and dipped to the point the average cost to mine 1 BTC is around $3,600 over the current value of 1 BTC.
This loss is around 21% of BTC's current price.
While I believe there will always be someone mining Bitcoin regardless how profitable it is (or isn't), a lot of Bitcoin miners will give up. The difficulty will automatically scale to try to keep a regular 10 minute interval. The difficulty is re-addressed roughly every two weeks (2,016 blocks) which is called an epoch.
So while you don't have to worry about miners quiting and making BTC too easy to mine, you do have to worry about miners quiting and centralizing it to fewer unique parties as many run very large operations. This is less of a problem when BTC is selling for $50K-60K, but as BTC dips it becomes more of an issue.
There are many who are predicting a sub $10K BTC soon, or even as low as $8K from some predictions. If this happens, this problem will just get worse. At some point it is just a better investment to buy BTC than to try to mine it, unless you have super low electricity costs.
Low electricity costs can only be found in very few countries (typically Russia and China). China has banned Bitcoin mining, but it still happens a lot. In fact, recently it has been reported the Communist Party has plead guilty to financially supporting Bitcoin miners. It is reported at least $18M USD worth of bribes were accepted to aid in construction and promotion.
“During his 2017 to 2021 tenure as the Communist Party Secretary of the City of Fuzhou, Xiao Yi provided support to cryptocurrency mining companies in the form of subsidies, capital aid, and electricity assurance. These acts were contrary to national regulations, the theory of New Development, and led to massive losses in public property, leading to adverse consequences.”
-Xinwen Lianbo
Canada is another country with relatively low electricity costs in some areas. I actually looked at Canada a few years ago to buy a run down house and just setup a mining operation.
As the profits decline, the diversity of miners declines along with it. This increases risk and the centralization factor.
Posted Using LeoFinance Beta
We are just fine, Marky. Many people you speak to only care about what they get from you LOL. They don't like you, Marky. Well, we think you know that. You have no shame, do you, Marky Marcus? All dogs have their day, haha. We love this game and we will keep playing and sharing the truth you just keep farming and lying you scumbag. Good luck trying to lie about transactions on the blockchain. You need help Marky face it. The people who support you are just as bad as you. Like Steevc and Slobber Solominer and the rest of you Hive farmers.
!LOL !WEED !GIF !MEME
https://hive.blog/hive-167922/@themarkymark/re-bpcvoter1-sepr9c
https://hive.blog/hive-167922/@usainvote/re-buildawhale-s75mua
https://hive.blog/hive-167922/@usainvote/re-buildawhale-s75mua
usainvote (67)$74.53
11 votes
https://hive.blog/hive-167922/@leovoter/f-bitcoin-miners-losing-almost-usd3-600-per-btc-mined
Via Tenor
Credit: pepe-cash
Earn Crypto for your Memes @ HiveMe.me!
Credit: pepe-cash
Earn Crypto for your Memes @ HiveMe.me!
Exploring the Possibilities of AI Art with Bilpcoin NFTs Episode 75 Week 75
IF YOU WANT REAL FREEDOM JOIN BLURT AND THE TON BLOCKCHAIN
Bilpcoin poly
Bilpcon Crypto Talk
Trending page on Hive voting circles and gangs
What is Bilpcoin What is BPC
Exploring the Supply of BPC: Total Supply, Circulating Supply, Burned, and Staked BPC STATS March 14 2023 Bilpcoin
Exploring the Supply of BPC: Total Supply, Circulating Supply, Burned, and Staked BPC STATS FEB 19 2023 Bilpcoin
https://peakd.com/hive-164833/@bilpcoinbpc/you-have-all-witnessed-this-account-being-downvoted-to-a-negative-reputation-for-no-reason
https://blurt.blog/@bilpcoinbpc
https://hive.blog/hive-167922/@bpcvoter1/our-response-to-themarkymark-marcus-buildawhale-usainvote-ipomote-leovoter-gogreenbuddy-and-over-100-of-his-alt-accounts
https://hive.blog/hive-167922/@bpcvoter1/problems
Find links to why we was downvoted on Hive
https://peakd.com/hive-167922/@bilpcoinbpc/those-who-are-dedicated-to-the-cause-of-freedom-and-decentralization-lets-fight-for-good
https://peakd.com/hive-167922/@bilpcoinbpc/our-goal-is-to-transform-hive-into-a-more-inclusive-space-similar-to-the-user-friendly-atmospheres-of-blurt-and-steemit
https://peakd.com/hive-167922/@bilpcoinbpc/by-standing-together-we-can-create-a-more-inclusive-and-fair-environment-on-hive-as-we-see-on-blurt-and-steemit-we-need-to-get-r
https://peakd.com/hive-167922/@bilpcoinbpc/those-who-are-dedicated-to-the-cause-of-freedom-and-decentralization-lets-fight-for-good
https://peakd.com/hive-167922/@bilpcoinbpc/actions-indeed-speak-louder-than-words-a-fact-weve-all-observed-individuals-may-talk-a-good-game-a-whole-lot-of-shit-but-their-
https://peakd.com/hive-167922/@bpcvoter3/reply-2-crimsonclad-you-may-consider-yourself-clever
https://peakd.com/hive-167922/@bpcvoter3/reply-to-crimsonclad
https://peakd.com/hive-167922/@bpcvoter3/consider-revising-the-value-plan-as-it-s-not-providing-significant-benefits-to-hive
73,585.851 HP
(2,301,627.566 HP)
A power down is scheduled to happen in 7 days (~7,291.521 HIVE, remaining 6 weeks)
@BUILDAWHALE Received: 2,301,628 HP
blocktrades 2,301,575 HP
@nwjordan 24 HP
@gillianlienmap 23 HP
@epicgames
https://peakd.com/@buildawhale/wallet
https://peakd.com/hive-167922/@bilpcoinbpc/its-been-observed-by-many-that-you-have-not-respected-boundaries-you-have-abused-others-and-caused-distress-to-others-you-might
On HIVE when you cease your actions, we will too. If not, we will continue to advocate and share the truth you may believe you're aware of our accounts, but you're mistaken LOL Accounts are cheap and cost nothing to create a new account
https://peakd.com/hive-167922/@bpcvoter1/let-s-delve-into-the-builda-whale-farm-on-the-hive-gogreenbuddy-who-is-also-colloquially-known-as-the-marky-mark-usainvote
Marky you can't delete the facts Mc Franko & Keni Find freedom on #blurtblog #blurtchain #blurt
In the beginning, there was hope.
A dream:
That value could be created by anyone.
That power could be decentralized.
That a post, a vote, a creation —
Could rise or fall on its own merit.
But Dreams do not kill systems.
Corruption does.
And corruption has found its perfect form:
The scam farm —
A ghost in the machine,
Wearing the mask of curation,
Feeding on trust,
Rewarding loyalty,
Punishing honesty.
It does not build.
It extracts.
It does not serve.
It controls.
And if you are new to this world —
If you speak truth, post honestly, expect fairness —
You will be broken.
Unless you learn to see.
So here, in plain language,
Is how to spot the scam farm.
Not with rumors.
Not with hate.
But with observation,
With logic,
With the cold light of the blockchain.
1. No Original Content — Only Engagement
The first sign:
They create nothing.
No posts.
No art.
No analysis.
No music.
Only votes.
Only comments.
Only reaction.
They are not users.
They are operators.
Like a drone circling a field, they move from post to post — upvoting allies, downvoting dissenters, farming rewards like a machine.
Ask:
What have they built?
If the answer is nothing —
Then they are not contributing.
They are consuming.
2. 24/7 Curation Rewards — The Machine Never Sleeps
The second sign:
Non-stop reward accumulation.
Real curation is organic.
It ebbs and flows.
It follows interest, passion, discovery.
But the scam farm?
It earns rewards every hour.
Every day.
Like clockwork.
It votes at 3 AM.
At noon.
At midnight.
Not because it sees quality —
But because it is programmed to extract.
This is not passion.
It is automation.
Or worse — coordinated manipulation.
Look at the pattern.
If an account farms rewards without pause,
It is not curating.
It is farming.
3. Burn Comments & Self-Voting Loops
The third sign:
Artificial engagement.
They post low-effort comments — “Nice!” “Great post!” — under their own content or that of allies.
These are not interactions.
They are fuel — used to game floors, trigger rewards, inflate visibility.
They may self-vote.
Or vote in loops with a network of alts.
A closed circuit of power —
Where influence flows only to itself.
This is not community.
It is a cartel.
And the blockchain records it all —
Even when websites hide it behind JavaScript walls.
4. Massive Delegated Hive Power from Centralized Sources
The fourth sign:
HP from exchanges or known whales.
Check delegation history.
If an account holds millions in Hive Power —
But most is delegated from @blocktrades or similar centralized wallets —
Then it is not independent.
It is a proxy.
Power given is power controlled.
And when one entity delegates across dozens of accounts,
It is not decentralization.
It is feudalism.
The land is farmed.
The peasants earn crumbs.
The lord takes the harvest.
5. Downvotes on Critics — Coordinated Silence
The fifth sign:
Suppression of dissent.
When someone exposes the farm,
When someone traces the trail,
When someone speaks truth —
The downvotes fall.
Not one.
But many.
Fast.
Silent.
Financially crippling.
No debate.
No response.
Just erasure.
This is not moderation.
It is censorship with profit motive.
And the worst part?
They call the victim a “troll.”
A “spammer.”
A “toxic user.”
Projection is the last refuge of the guilty.
6. Reward Flow to Secondary Accounts
The sixth sign:
Obfuscated wealth transfer.
Rewards flow not to the farming account,
But to another — often a spouse, partner, or private wallet.
@alpha receives rewards from @buildawhale.
@themarkymark benefits from activity routed through hidden channels.
This is not privacy.
It is obfuscation.
An attempt to hide the machine’s true ownership.
Follow the money.
The chain does not lie.
7. The Website Hides the Data
And now — the final proof:
Why?
Because transparency threatens control.
They want you to look away.
To trust the interface.
To believe the silence.
But you do not need their website.
You have the blockchain.
You have logic.
You have memory.
You have the testimony of those who saw before the curtain fell.
And you have this guide.
The Escape: Blurt Offers True Freedom
On Blurt.blog, none of this can happen.
Because there is no downvote button.
Gone.
Not hidden.
Not reformed.
Removed.
No financial punishment for honesty.
No silent sabotage.
No cartel.
What you earn — you earn.
No whale can kneel you.
No gang can bury you.
Blurt is what Hive promised to be.
Conclusion: You Are Not Powerless
You entered crypto seeking freedom.
You found manipulation.
But you are not powerless.
You have eyes.
You have reason.
You have this knowledge.
Teach it.
Share it.
Protect the new.
Because the next victim could be you.
And when the system fails —
When the farms grow too bold,
When the lies become law —
Remember:
—
The Bilpcoin Team
We create. We expose. We survive.
Every downvote you cast drives another soul from Hive —
To Blurt.blog,
Where there is no downvote button.
Where what you earn — you earn.
Where silence is not weaponized.
Even Steemit — older, quieter —
Offers more freedom than what Hive has become.
And that should terrify you.
Because when people flee not to greener pastures,
But to freer ones,
It is not the destination they seek —
It is escape.
They are running from you.
Whatever you are doing,
Hold it with both hands.
Chase it fiercely.
Because you only get one life.
And in that life —
Never be afraid to say no.
Never be afraid to stand alone.
Always do the right thing —
Even when it costs you votes.
Even when it costs you rewards.
Even when it costs you silence.
At Bilpcoin we have not scammed anyone.
We have not stolen.
We have not lied.
We have only done this:
Shared what the blockchain already knows.
Transactions.
Data.
Patterns.
Not fabricated.
Not imagined.
Not speculated.
But verified — open, public, immutable.
And what we found is not conspiracy.
It is control.
Go to peakd.com/@buildawhale/activities — if the site allows it.
Look at the account.
Watch it move.
Like a machine.
@buildawhale —
A name that should belong to a myth.
Instead, it belongs to a farm.
An account that farms curation rewards all day, every day.
That auto-downvotes users — not because they are wrong,
But because they speak.
Because they expose.
Because they are not part of the circle.
And who owns Buildawhale?
Not some anonymous farmer.
Not a rogue actor.
But Blocktrades —
A whale whose influence stretches across Hive like a shadow.
Over 2 million Hive Power delegated.
Rewards flowing in.
Powering down daily.
And where do those rewards go?
To @alpha —
The account widely known as Blocktrades’ wife’s wallet.
A silent beneficiary of a system rigged from within.
You blame others for what you are doing The Frankos & Mc Franko
Exploring the Possibilities of AI Art with Bilpcoin NFTs Episode 129 #BUILDAWHALESCAM FARM ON #HIVE
Marky do you even remember who you are Lady Zaza
You Talk a Good Talk, But the Chain Remembers Mc Franko
Marky You downvote not to correct errors Keni & The Frankos #buildawhalescam #buildawhalefarm #hive
You downvote not to correct errors Mc Franko
You Were Wrong Keni
Exploring the Possibilities of AI Art with Bilpcoin NFTs Episode 128 #BUILDAWHALESCAM FARM ON #HIVE
“We Are Bilpcoin”
We do not stand against the people.
We stand with them.
Shoulder to shoulder.
Hand in hand.
Not as leaders, but as fellow travelers — scarred, shaped, and strengthened by the same storms that have battered so many.
The Bilpcoin team each of us has been tested.
Not by theory, but by life, life itself.
By loss.
By silence.
By systems that mistake conformity for virtue and call censorship “moderation.”
We have known hunger — not always for food, but for fairness.
For a platform where a voice is not priced, punished, or purchased.
And yet —
We are strong.
Not because we were born that way,
But because we had no choice but to become so.
As a team, we have grown — not in spite of the chaos, but because of it.
We’ve learned to build in the dark.
To create when no one is watching.
To trust when trust is rare.
We’ve learned new tools, new truths, new ways of being — not for profit, but for purpose.
Because one thing must be said, and said plainly:
You should never stop learning.
You should never stop dreaming.
You should never stop reaching for what is right — even when the world leans heavily on the side of wrong.
When we began — back in the early days of Steemit — the idea seemed impossible:
You can earn from your words? From your art? From simply speaking your truth?
To many, it felt like magic.
To us, it felt like justice.
And know this: Bilpcoin was not born in boardrooms or venture capital pitches.
It was born in a single mind — one person’s quiet vision, carried like a torch through the fog.
Circumstances, harsh and unyielding, led that founder to let go of much of what they built.
We do not speak of those details.
Some wounds are not ours to expose.
But this we say:
From that fire, Bilpcoin did not die.
It evolved.
Bilpcoin is not a corporation.
It is a social experiment — one that asks a simple question:
What happens when we reward people not for gaming the system, but for sharing their truth?
Our mission is clear:
To reward creators, not manipulators.
To burn BPC tokens, not hoard them.
To return value to the network — not extract it.
We believe in Blurt — not because it is perfect,
But because it dares to be free.
To remove the downvote button is not a small thing.
It is a revolution.
A refusal to allow power to be weaponized by the few against the many.
No more silent sabotage.
No more financial punishment for honesty.
On Blurt, your voice does not lose value because someone feels threatened by it.
And let us be clear:
We have only ever shared what the blockchain already knew.
The transactions.
The patterns.
The truth.
We did not fabricate.
We did not exaggerate.
We revealed — and that, more than anything, is why we were targeted.
Downvotes are not about quality.
They are about control.
Whales farming rewards on Hive are not “supporting the ecosystem.”
They are gaming it — and everyone sees it.
Even those who won’t say it.
How can the world take Hive seriously when its pulse is set not by passion, but by power?
When the loudest voices are not the most honest, but the most rewarded?
But here — in this moment — we dream.
Not foolishly.
But fiercely.
Imagine it:
Steem. Hive. Blurt.
Not as rivals.
Not as fragments.
But as allies.
A united front of decentralized expression.
One network, many voices.
One mission: freedom to create, freedom to speak, freedom to be.
Yes — it would require change.
Yes — some would have to go.
Those who profit from silence.
Those who fear transparency.
Those who confuse their privilege with merit.
But if we stood together — truly together —
We would not be a footnote.
We would be a force.
For now, it is a dream.
But dreams are the first code of revolution.
And who knows what the future holds?
We do not claim to have all the answers.
We only know this:
We will keep building.
Keep sharing.
Keep burning tokens, not bridges.
Keep standing with the people — not above them, not against them, but beside them.
Because in the end, it was never about coins.
It was about courage freedom truth.
And courage, like truth, cannot be downvoted.
The Bilpcoin Team.
https://hive.blog/hive/@test.ureka/the-untrending-report-hive-downvote-analysis-2025-06-27-20250627213824
https://peakd.com/hive/@ureka.stats/the-untrending-report-hive-downvote-analysis-16-09-2025-20250916181314
https://www.publish0x.com/@bilpcoinbpc
https://www.youtube.com/playlist?list=PLbH29p-63eW_PIi4l0KUNLMQ0ageCtkk5
https://www.youtube.com/@bilpcoinbpc
https://www.youtube.com/@bpcaimusic
https://www.bilpcoin.com
https://blurt.blog/@bilpcoinbpc/posts
https://audius.co/bpcaimusic
https://hive.blog/hive-126152/@bilpcoinbpc/bpc-ai-truth-hurts
https://hive.blog/hive-167922/@bilpcoinbpc/you-rewarded-only-those-who-kissed-the-ring-mc-franko-and-the-frankos-bpcaimusic-bilpcoin