You are viewing a single comment's thread from:

RE: Bitcoin Mining Industry ‘Under Considerable Stress,’ 1.3m Rigs Turned Off

in #dlike6 years ago

Bitcoin mining essentially works like an hourglass scheme (and I mean that in a good way). Eventually a combination of difficulty and price hit a point in which miners start coming back online. People act like the end is here for crypto, but fail to imagine a world where i can mine 10 btc with my cpu again. Its never going away.