4 ms·
E) Most miners accept less profits than they had previously earned. Those that can no longer profitably mine shut down, causing a small dip in hash rate.
by kinghajj 6y ago
E) Most miners accept less profits than they had previously earned. Those that can no longer profitably mine shut down, causing a small dip in hash rate.
- duskwuff 6y agoI wouldn't count on it being "small". Miners have always operated on the edge of profitability, and there's been a lot of consolidation in the cryptocurrency mining space over the past few years. It's entirely possible that this halving will force some major operators out of the market.