Agree, but the cost of mining must help give Bitcoin more of a price floor. I'm more confident in the current price knowing those mining it have invested a lot to get it.
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Agree, but the cost of mining must help give Bitcoin more of a price floor. I'm more confident in the current price knowing those mining it have invested a lot to get it.
For now. Ethereum is gaining ground and I guess going to switch to POW. If Bitcoin ever does collapse in prices the miners might shut down which could be the demise of Bitcoin.
Thanks for the upvote. I'd upvote your reply but there is a .02 payout threshold. If you ever get some more SBD you might want to sign up for @dustsweeper.