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Turn off their mining rigs.

• eru 6mo ago
  Or use it for other coins.
  • pydry 6mo ago
    They all correlate with bitcoin. Same problem probably applies.
    • groundzeros2015 6mo ago
      No. all coins do not have equal mining participation.
      • eru 6mo ago
        I think the comment you replied to meant that the other coins are also dropping in price, when bitcoin drops.
        • groundzeros2015 6mo ago
          Yes, but the coins with less participation require less power to compete. To make a market argument that there is an equilibrium of players across all coins, implies there are actual individuals finding opportunities and switching coins when they get out of sync.
          • eru 6mo ago
            Miners already switch between coins, yes.
            • groundzeros2015 6mo ago
              And their reason for switching coins is?…
  • tromp 6mo ago
    As you can see on https://www.f2pool.com/coins https://www.f2pool.com/coins other coins using SHA256 as PoW algorithm only amount to about 1% of Bitcoin's daily dollars of Pow Produced, so if any nontrivial amount of hash moves there, then those will soon become unprofitable too.