Post
Topic
Board Speculation
Re: What happens to Chinese mining companies if there is no halving price rise?
by
twister
on 01/03/2016, 15:22:42 UTC
Will they go under?  Can they survive on half the amount of income?

I think they can survive on half the income, the price remained around 200-220 for a lot of time last year, they did survived that and technically it will be just like that if price doesn't goes up.

25*220=5500
12*420=5040

Not that big difference, though the price should go up but if they decide to stop their operations, their place will be taken by others.