That’s a theoretical fact. How real will that be. The value of bitcoin must go really low to make that happen . Maybe worth less than a cent
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That’s a theoretical fact. How real will that be. The value of bitcoin must go really low to make that happen . Maybe worth less than a cent
No. The price only needs to go low enough that even highly long-term oriented miners are losing more money than they can afford to or can justify based on the current mining difficulty. And that is not the only scenario by which it can fail catastrophically, although it's probably the most likely.
Oh okay. Thanks for the enlightenment