Miners are not going to leave because that leaves a position for their competitors to take. Every hash a mining farm pulls out, is more revenue for their competitors.
Besides that, miners were profitable at 200 usd, why wouldn't they be at 600 usd for half the bitcoins in the blocks?
Topic: remember "Death Spiral" and "Miners Quitting" before halving! - page 2. (Read 1001 times)
September 16, 2016, 01:46:29 AM
September 16, 2016, 01:38:37 AM
Remember, Remember!
The5th of november 9th of July.
The Halving FUD and Plot.
I know of no reason
Why the Halving FUD
Should ever be forgot!
Before halving aside from all the hype about the price going to the moon there was a lot of talk about mining not being profitable anymore and miners quitting because of it. To a point where it was called a "Death Spiral" because of halving!
Now that some time has passed from halving The Bitcoin Mining Difficulty Increased for the Fourth Time Since Halving! the hashrate is rising and miners are continuing their jobs even stronger than before!
The
The Halving FUD and Plot.
I know of no reason
Why the Halving FUD
Should ever be forgot!
Before halving aside from all the hype about the price going to the moon there was a lot of talk about mining not being profitable anymore and miners quitting because of it. To a point where it was called a "Death Spiral" because of halving!
Now that some time has passed from halving The Bitcoin Mining Difficulty Increased for the Fourth Time Since Halving! the hashrate is rising and miners are continuing their jobs even stronger than before!
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