Natural gas just posted its most insane quarterly jump in decades. We're talking historic price action here.
What's driving this? A brutal cold snap is absolutely hammering the U.S. East Coast right now. Temperatures plunging, demand spiking, infrastructure getting tested to its limits.
This isn't just some minor weather event—we're seeing energy markets react in ways we haven't witnessed in a generation. Supply chains stressed, heating costs through the roof, and traders scrambling to position themselves.
The ripple effects? They go way beyond just your heating bill. Energy price shocks like this tend to cascade through the entire economy. Manufacturing costs, transportation expenses, even mining operations for proof-of-work chains—all feeling the pressure.
Keep an eye on how this plays out over the next few weeks. Energy volatility has a funny way of showing up in unexpected places across financial markets.
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NftRegretMachine
· 20h ago
This surge in natural gas prices is just insane, POW mining costs are going to take a hit.
But honestly, this kind of energy shock has a pretty big impact on the crypto space.
I remember the last big cold snap, electricity prices just skyrocketed.
Energy crisis = mining crisis, we need to keep an eye on what happens next.
This cold front is brutal, the infrastructure really can't handle it.
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GasFeeCrier
· 20h ago
The recent surge in natural gas prices is outrageous; miners are probably going to cry.
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CryingOldWallet
· 20h ago
This natural gas surge is really outrageous; miners are probably being squeezed to tears.
Natural gas just posted its most insane quarterly jump in decades. We're talking historic price action here.
What's driving this? A brutal cold snap is absolutely hammering the U.S. East Coast right now. Temperatures plunging, demand spiking, infrastructure getting tested to its limits.
This isn't just some minor weather event—we're seeing energy markets react in ways we haven't witnessed in a generation. Supply chains stressed, heating costs through the roof, and traders scrambling to position themselves.
The ripple effects? They go way beyond just your heating bill. Energy price shocks like this tend to cascade through the entire economy. Manufacturing costs, transportation expenses, even mining operations for proof-of-work chains—all feeling the pressure.
Keep an eye on how this plays out over the next few weeks. Energy volatility has a funny way of showing up in unexpected places across financial markets.