Topic: Would it still be profitable if bitcoin goes down to $1 a bitcoin? - page 2. (Read 1780 times)
we would wait few months for the next block then
Well if the difficulty goes down relative to the price or electricity is free 
Only God knows, but this is basically not happen, so do not worry too much about this issue。
Only God knows, but this is basically not happen, so do not worry too much about this issue
At $1/Bitcoin, mining would nearly cease. You can't pay the electric bill
when Bitcoin is a miniscule value. The ASIC vendors would see their orders
dry up very rapidly. The whole landscape would change dramatically.
when Bitcoin is a miniscule value. The ASIC vendors would see their orders
dry up very rapidly. The whole landscape would change dramatically.
How could mining possibly be profitable if bitcoin was $1? I don't understand how it's even profitable at today's price. Much cheaper just to buy and sell coins at this point.
I don't think it will be profitable at all if it goes down to $1...
I think suddenly mining bitcoin will be profitable again because all the deep pocket players would belly up and declared bankruptcy.
Would it still be profitable if bitcoin goes down to $1 a bitcoin?
Jump to: