Post
Topic
Board Beginners & Help
Second discussion about Bitcoin with merit awards - the shutdown of mining rigs.
by
Jet Cash
on 29/06/2018, 16:09:41 UTC
The price of Bitcoin has dropped recently, and this is coupled with a reduction in transaction volumes. It has reached the point where a few miners have turned off their rigs as mining is no longer profitable for them, or switched them to other coins. This leads us to the second discussion topic.

If the price continues to drop, what effect will that have on Bitcoin mining and transactions?

Please note - this is not a discussion on the probability or otherwise of a change in the price of Bitcoin. As always - initial posts by newbies and juniors.