Post
Topic
Board Bitcoin Discussion
Re: At what point does mining stop?
by
colenax
on 12/03/2018, 06:05:55 UTC
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?


silly, bitcoin will not die. the market becomes very low it is commonplace in the trade.
to avoid what you feel, you have to find ways to fend off every confusing situation. even you can invest in bitcoin to cover your losses on the first investment.