Birdwatch Note
2024-11-05 11:31:06 UTC - MISINFORMED_OR_POTENTIALLY_MISLEADING
The claim that mining one Bitcoin costs $81.4K while its value is $67.6K is misleading. Average post-halving costs are closer to $53K, varying by energy and hardware. Some miners face higher costs, but this is not industry-wide. Sources: https://www.tokenmetrics.com/blog/is-bitcoin-mining-profitable and https://www.wisdomtree.com/investments/blog/2024/07/22/bitcoin-halving-and-mining-update-mid-2024-perspective
Written by C8FDF62CCFFE4F099A75FA330BFF4FDDDD683C2C4A7243A3552D08AFBE66F91B
Participant Details
Original Tweet
Tweet embedding is no longer reliably available, due to the platform's instability (in terms of both technology and policy). If the Tweet still exists, you can view it here: https://twitter.com/foo_bar/status/1853516523467313167
Please note, though, that you may need to have your own Twitter account to access that page. I am currently exploring options for archiving Tweet data in a post-API context.
All Information
- ID - 1853761958522343505
- noteId - 1853761958522343505
- participantId -
- noteAuthorParticipantId - C8FDF62CCFFE4F099A75FA330BFF4FDDDD683C2C4A7243A3552D08AFBE66F91B Participant Details
- createdAtMillis - 1730806266801
- tweetId - 1853516523467313167
- classification - MISINFORMED_OR_POTENTIALLY_MISLEADING
- believable -
- harmful -
- validationDifficulty -
- misleadingOther - 0
- misleadingFactualError - 1
- misleadingManipulatedMedia - 0
- misleadingOutdatedInformation - 1
- misleadingMissingImportantContext - 1
- misleadingUnverifiedClaimAsFact - 1
- misleadingSatire - 0
- notMisleadingOther - 0
- notMisleadingFactuallyCorrect - 0
- notMisleadingOutdatedButNotWhenWritten - 0
- notMisleadingClearlySatire - 0
- notMisleadingPersonalOpinion - 0
- trustworthySources - 1
- summary
- The claim that mining one Bitcoin costs $81.4K while its value is $67.6K is misleading. Average post-halving costs are closer to $53K, varying by energy and hardware. Some miners face higher costs, but this is not industry-wide. Sources: https://www.tokenmetrics.com/blog/is-bitcoin-mining-profitable and https://www.wisdomtree.com/investments/blog/2024/07/22/bitcoin-halving-and-mining-update-mid-2024-perspective
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