Post
Topic
Board Bitcoin Discussion
Re: What will happen if Tech Giants get into Bitcoin or Altcoin Mining?
by
Denker
on 17/12/2016, 14:22:30 UTC
What will happen if Tech Giants Like Google, Microsoft, Amazon starts investing in Bitcoin or Altcoin Mining?

Altcoin mining would only make sense for them if they create their own token.They will not mine any other already existing altcoin.
In terms of Bitcoin if that would happen you may see some boost in hashrate and price as this would signal the big tech giants give Bitcoin a serious try.I can not see them trying to attack Bitcoin if you mean that with mining.Expect them to create their own shitcoin scams.