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As Bitcoin Falters, Crypto Miners Brace for a Crash
- olliej 4y agoI’m a fairly anti-crypto person, but how different is this from every other predicted crash?
- bdcravens 4y agoMiners have a much different profit equation than traders. Often they are still in the black even when the price is dropping. The price for them need only be higher than electricity and capital.
- HWR_14 4y agoThe possible crash of all asset classes, or the past bitcoin crashes? For the latter, a lot of debt financed special mining hardware that companies are still underwater on.
- longitudinal93 4y agoIt's not (yawn)
- fartcannon 4y agoWhen the miners stop mining because electricity is too expensive, the difficulty drops and it becomes less expensive to mine. Which encourages more mining.