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>as the market is informed there will be a decline in BTC's spot price and once this falls below the cost of OPEX for miners, the hardware goes offline and the
by glitch003 9y ago
>as the market is informed there will be a decline in BTC's spot price and once this falls below the cost of OPEX for miners, the hardware goes offline and the network will cease to function.
I don't think the network would cease to function. If that happened, the difficulty for the network would drop drastically, and GPU miners would come back online, similar to the early days of BTC