ETH at 200
LTC at 50
looks like the bottom is close people....
what do you'll think?
3 months latter bottom looks much closer
BTC at $3000
ETH at $100
LTC at $25
Any words about BTC production costs near $3k and impossibility to mine from miners below this price becomes not so true. I think many big farms has less cost for one BTC. And that's why dump can be lower more and more
Miners stop mining all the time. When price goes down. That then reduce difficulty to all other miners and get higher chance to mine a block so they get more for same electricity invested. There is no fixed mining cost it basically changes every second when more miners join or leave Bitcoin network.