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Of course -- it's unreasonable to think that all miners would exit at the same time. Different miners have different margins. Miners exit when it's no longer
by freejulian 9y ago
Of course -- it's unreasonable to think that all miners would exit at the same time. Different miners have different margins. Miners exit when it's no longer profitable for them. I don't quite see what the problem is.
- JustAnotherPat 9y agoMy point is, there will always be somebody willing to mine it unprofitably. The only reason that hasn't happened now is because the price has increased too quickly for capacity to keep up.