With the price plummeting I am wondering at what price will Bitcoin not be profitable to mine anymore? What is the break-even point?
What happens when the price is so low that it costs the miners more to mine BTC than it rewards them? What happens if they pull the plug? BTC is dead then?
I dont think there is a certain stop point at mining. Because at the end of the day we cannot focus mining into btc only. There are a lot of other coins which is profitable for mining. So I think the only way mining would stop is if there would be a new technology that could phase out mining itself. Probably something that would no longer require GPU's and computers and would consume lest energy.