3 ms·
Only psychologically. The mining capacity is driven by the price not the other way around. The rest of the miners not hit would be ecstatic because now they get
by RealityVoid 6y ago
Only psychologically. The mining capacity is driven by the price not the other way around. The rest of the miners not hit would be ecstatic because now they get less competition. The difficulty would self-adjust eventually or new mining would get brought up.
The mined supply is very small compared to the circulating one. Besides, if you were to slow minting, it should drive the price up, not down. :)