DeepSeek's $60 Billion Claim: The Efficiency Ledger Is Real, The Valuation Is Not
2.788 million GPU-hours versus 30.8 million. That is the first fracture line....
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Greed
Market Sentiment
Block reward halving event
Circulating supply increases by about 2%
Block reward reduced to 3.125 BTC
Improves data availability sampling efficiency
92 million ARB released
Raises validator limit and account abstraction
Team and early investor shares released
Independent validator client goes live on mainnet
Bitcoin Season
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2.788 million GPU-hours versus 30.8 million. That is the first fracture line....