Post
Topic
Board Economics
Re: Poor wittle miners taking their ball and going home
by
odolvlobo
on 14/01/2015, 20:15:48 UTC
Am I the only one who doesn't get how miners think they have to shut things down the moment Bitcoin becomes unprofitable? Do gold miners quit mining because they haven't found gold in a few weeks and are not making much money?

Well, gold miners do shut down their mines if mining is no longer profitable.

Judging from your post, I assume that you must have a room full of ASICs mining away, supporting the network. If not, then why not?