Post
Topic
Board Bitcoin Discussion
Re: Bitcoin IS basically DESTROYED
by
DimensionZ
on 13/05/2016, 09:53:35 UTC
Hey guys I have a question that just popped up in my mind. What if the price of Bitcoin doesn't increase much after the halving and with the cut in half block rewards and increasing difficulty, do you think the Chinese miners will go bankrupt or they will manage to break even and get a slight profit? Can the Chinese government offer the mining farms preferential electricity pricing lower than the average for the country?