24 ms·
> Yup, this would ensure the benefits of bitcoin mining would not outweigh the costs, and it would make most of it unprofitable. How did you conclude that the
by jpmattia 5y ago
> Yup, this would ensure the benefits of bitcoin mining would not outweigh the costs, and it would make most of it unprofitable.
How did you conclude that the price or difficulty factor would not adapt to make it profitable?
- gizmo686 5y agoThe difficulty goes down as a direct result of less mining being done. Long term, blocks will be generated at the same rate, but each block would have less work behind it.