Technically to zero...How low can it go?
How low can it go?
as low as it can go to process bitcoin related activity, so basically the cost of electricity, servers, real estate, labour and whatever else is required to keep these things going
once those costs can't be recovered, its not viable to process bitcoin and it would then shutdown
Not at all, diff just adjusts, if there is one person on the planet mining it'll be back to 1 core cpu mining![]()
I heard someone saying it’ll hit $6900 - $7400 today in the afternoon and that’s bottom..
Holding pretty steady over 8. If it keeps these levels until the yanks wake up it should go over 10 today imo.
and whats your point, what exactly are you disagreeing with?
The shutdown, it'd get so low and cheap and easy you could mine it powered by some wires plugged into a potato
mining is not the only thing required to process bitcoin activity, whats the point of mining if nobody uses it for transactionary purposes?
How low can it go?
Speculation that it'll come back in a big way![]()