Hello friends,

If ETH price goes down like now, in theory some miners will stop mining because this is not profitable for them. Then as a result, there will be less competition for the same amount of coins per block and then the remaining miners should get more coin for the same hashrate.

At current price, mining is not profitable for me. But I am waiting for a drop in the total hashrate due to drop of price to get a better share of the coins produced.

Is it a good way to think?


Thanks,