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

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

in dlike •  6 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.

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6 years ago by

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