3 ms·
It will become uneconomical to mine and therefore people will stop doing so, causing the hash rate (and therefore the cost of energy + hardware required to mine
by jcbrand 9y ago
It will become uneconomical to mine and therefore people will stop doing so, causing the hash rate (and therefore the cost of energy + hardware required to mine) to plummet, eventually making it economical again.
- klochner 9y agoHashing does not materially impact the global price of electricity. Also, hardware is a fixed cost, fixed costs don't affect the price at which miners would stop mining.