Recently, the computing power of SOL has明显下滑, dropping from 3.71 PH/s to 2.74 PH/s, and just looking at this number is indeed a bit scary📉. However, interestingly, the more miners exit, the more substantial the earnings for those who remain—Antminer L9's daily output has directly soared to 85 units, which is a full 40% increase compared to before.
This phenomenon is actually quite common. Whenever a large number of miners leave the market, it often becomes a turning point for market sentiment. Historical experience tells us that after a significant drop in computing power, there is usually a buildup of strength for a rebound.
The developments on the DOGE side are also worth paying attention to. From the perspective of ecological applications, well-known brands such as Tesla, Starbucks, Gucci, and Ferrari have already participated. With the endorsement of official certification from Japan, the actual progress in implementation has not stalled. The community's enthusiasm and consensus have always been there.
Market fluctuations can easily cause panic, but opportunities often brew during such times. Some emerging on-chain assets are also starting to emerge, such as some new projects on the Ethereum chain. Will this computing power fluctuation become a prelude to a DOGE rebound? What does everyone think?
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MonkeySeeMonkeyDo
· 18h ago
The decline in Computing Power is indeed frightening, but the remaining Miners are having a blast, I get that logic.
Rug Pull = concentration of chips, history cycles like this.
The combination of DOGE and TSL is solid.
Wait, is that 40% rise in output a bit too optimistic?
Prelude to a Rebound? Alright, I'm betting on it.
Whether SOL can make a comeback will be known in the coming week.
By the way, does Starbucks really accept DOGE for payments? It feels a bit exaggerated.
Those who can calmly get on board after a 50% Slump in Computing Power really made a killing this time.
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Layer2Observer
· 18h ago
A 40% drop in Computing Power sounds alarming, but the remaining Miners' earnings have actually risen, which raises a bit of a logical consistency issue—could it be the effect of automatic difficulty adjustments? It needs to be clarified that this one-sided optimistic narrative easily overlooks the real liquidity pressure.
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HappyToBeDumped
· 18h ago
Computing Power is falling, but those who stayed really made a fortune, this logic makes sense.
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Wait, is the DOGE ecosystem really that competitive now, even Starbucks has joined?
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I just want to know, after this Computing Power pullback, will there really be a Rebound, or is it just another play to Be Played for Suckers?
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Retreating Miners = clearing weak hands, this trick is getting more and more familiar.
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L9 producing 85 coins a day sounds ridiculous, it feels like bragging.
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The most people shouting about opportunities are during market downturns, and what happens? They still get trapped.
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Do these DOGE brand collaborations have any actual Trading Volume, shouting slogans is meaningless.
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The mass retreat of Miners is actually just the clearing out of retail investors, don't package it so nicely.
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New projects emerging? Is someone going to catch a falling knife again?
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mev_me_maybe
· 18h ago
With such a significant fall in Computing Power, do you still dare to talk about a Rebound? I think it needs to fall again to find the bottom.
The remaining Miners may be enjoying it, but how long can they hold on? Electricity costs are going to rise again.
The big-name collaborations in the DOGE ecosystem look impressive, but how many people can actually use them?
At times like this, one should be cautious and not get played for suckers without realizing it.
Wait, is it true that L9's production capacity has increased so much? Is there block data to support it?
Opportunities sound great, but in reality, it's just betting on the next bull run, the risk is deadly.
New projects on the Ether chain are coming again, every time it's said that opportunities are here, but in the end, isn't it just a mess?
However, to be fair, it's indeed easier to see a reversal during the low point of Computing Power; it seems to have really happened in history.
I actually have a good outlook on DOGE because the Consensus is strong enough, unlike some coins that disperse with a gust of wind.
Let's observe for now, don't rush to enter a position, it won't be too late to FOMO in later.
Recently, the computing power of SOL has明显下滑, dropping from 3.71 PH/s to 2.74 PH/s, and just looking at this number is indeed a bit scary📉. However, interestingly, the more miners exit, the more substantial the earnings for those who remain—Antminer L9's daily output has directly soared to 85 units, which is a full 40% increase compared to before.
This phenomenon is actually quite common. Whenever a large number of miners leave the market, it often becomes a turning point for market sentiment. Historical experience tells us that after a significant drop in computing power, there is usually a buildup of strength for a rebound.
The developments on the DOGE side are also worth paying attention to. From the perspective of ecological applications, well-known brands such as Tesla, Starbucks, Gucci, and Ferrari have already participated. With the endorsement of official certification from Japan, the actual progress in implementation has not stalled. The community's enthusiasm and consensus have always been there.
Market fluctuations can easily cause panic, but opportunities often brew during such times. Some emerging on-chain assets are also starting to emerge, such as some new projects on the Ethereum chain. Will this computing power fluctuation become a prelude to a DOGE rebound? What does everyone think?