What would happen if all these large mining farms just up and quit business? They have allow of money in bitcoin and all, but what if one of them decided to try to pump the price and then just stopped mining, or just stopped mining for some reason. Is there enough power throughout the rest of the world to keep bitcoin running and confirming?
There will be always someone mining. If one farm closes, another is mining at the same time and will make profit. Fool will be the one that stopped mining, he won't make money anymore and he will have a lot of equipments abandoned. And hypothetically, if everybody stops, I think the BTC stay there, quiet, waiting to be mined. And probably the BTC price would go up.