Topic: Will we see a hashrate drop in the following days/weeks? (Read 683 times)
I wish BTC had a bit of competition like LTC has then we could see a drop off. LTC hash rate has had big drops as people point to other alt coins. There are other alt coins you can point ASKI hardware to but I don't know how low bitcoin would have to go for them to be more profitable. But if BTC did drop to that lvl it would do way more harm than good. The last thing you want as a miner is a price drop with the way things are now.
no.
this crash in value is temporarily. it happens before and didn't have any impact on hash rate.
this crash in value is temporarily. it happens before and didn't have any impact on hash rate.
With the recent crashes and all I think "newbies" and other newcomers will get discouraged and will stop mining.
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