3 ms·
Not really, the supply of bitcoin is, except in the short term (< 2 weeks), independent of the amount of mining effort. And that's all that really matters (espe
by rcxdude 5y ago
Not really, the supply of bitcoin is, except in the short term (< 2 weeks), independent of the amount of mining effort. And that's all that really matters (especially because there's no single price where all miners stop making a profit, and miners will continue to mine and sell even when they are no longer making a profit just to lessen losses on hardware).