RE: RE: 30% Of Bitcoin Miners Are Being Turned Off Due To Halving
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RE: 30% Of Bitcoin Miners Are Being Turned Off Due To Halving

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6y

The temporary drop in hashrate does not matter. In 3 years the hashrate will be a lot higher than it was yesterday.
Yes it is a temporary centralization of hashpower, but the rising price will bring back even more hashpower once the price starts mooning. Rewards halved, BTC goes 10x, already profitable again at 2x, simple math

@ew-and-patterns: The temporary | Ecency