RE: PayPal Co-founder Fights For Bitcoin Hashrate

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PayPal Co-founder Fights For Bitcoin Hashrate

in news •  5 years ago 

Hello dear friend @tysler, they seem to be important changes, that is to say they will have an impact on the mining of BTC ... You say that it is not possible to know if it will affect the price ... according to your analysis the impact on prices would be positive or negative?

@fucho80

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5 years ago by

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      ·  5 years ago 

    Hi @fucho80, we always know that competition businesses benefit its users. I can only speculate that better mining equipment will be developed in the future and this reduces mining operational costs. This may, in turn, increase the 'mainstreaming' of Bitcoin. But this does not have a direct effect on Bitcoin prices.

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