Luxor Technology, Research Analyst Kaan Farahani Q&A - October Network & Miner Recap!

We unpack October’s miner economics with Luxor’s Kaan Farahani, connect difficulty and hash price to real production, and show how forward markets protected margins while fees hit historic lows. We compare Bitcoin mining versus AI/HPC power allocations and share data on what the curves imply next. • October difficulty up, production per EH down • Bitdeer’s rapid hashrate growth and vertical model • Fees near decade lows on a BTC basis • Energy hash price as a cross‑compute benchmark • AI/HPC...