3 ms·
Bitcoin's price goes up faster than the effect of the halving (16x vs 0.5x every 4 years), and with the current chip shortage and slowdown of improvements miner
by xiphias2 5y ago
Bitcoin's price goes up faster than the effect of the halving (16x vs 0.5x every 4 years), and with the current chip shortage and slowdown of improvements miners generally plan for 4 years, but old, inefficient miners with low utilization can become an attack vector.
- adgjlsfhk1 5y agoIf your security model requires exponential increase in the value of crypto, it's a bad security model.