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Topic: Does this constant price drop lead to mining centralization? - page 2. (Read 2513 times)

hero member
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with bitcoin deviating from all predicted trend lines and constantly dropping in price

the hash rate and difficulty is just inversly climbing up and up

So the result is clearly all those mid level bitcoin miners are left with loss ultimately have to quit and mining becomes only a market for the whale like players with lots of money who make bitcoin mining more centralized!

by 2012 domestic bitcoin became a thing of the past..

by 2014 even mid level mining players have to quit

mining affordable by diamond and coal mine owners?

 
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