Post
Topic
Board Bitcoin Discussion
Re: What happens when the price of Bitcoin falls below the cost of mining?
by
KingBit.io
on 14/08/2018, 12:12:50 UTC
The best option is to stop mining for now. When the price of Bitcoin rises again, we will have thousands of miners waiting for this moment. And if you are a miner and have working capital to mine at a loss, and you believe that Bitcoin will return to highs in the future, then mining can now be a good long-term investment. It is an expense that will be rewarded in the future.