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In theory that's true if the bitcoin network wasn't so congested. Hasn't every block been saturated for a while now? A reduction of the value of Bitcoin would
by pcthrowaway 6y ago
In theory that's true if the bitcoin network wasn't so congested. Hasn't every block been saturated for a while now?
A reduction of the value of Bitcoin would be the only thing that would result in less mining, as miners aren't incentivized to burn as much energy when the rewards aren't as valuable.