This is excellent. It means we are converting cheap hive to HBD. Therfore it's burnnig the maximum amount of hive.
I hope we can reach the debt limit at these low hive prices, it would be massive.
Otherwise, we'll get conversions in the single digit range like in 2017, where one hive gets converted to 16 HBD (at the top).
RE: The rate at which supply of HBD is expanding is much faster than the r ...