Post
Topic
Board Mining (Altcoins)
Re: At what price point people will stop mining?
by
Diego_Davis
on 15/08/2018, 21:46:46 UTC
I understand it depends on electricity cost and other "future value" thinking but at what price point of ETH, people plan to stop rig?
As mentioned here, I've also seen many people turn off their machines already. I have a good friend who's seriously thinking about it. Sorry for the amateur question, but how will mining machines being turned off affect the coin? Will it affect the price? Will it affect the other people who keep mining? I guess it would increase the transaction time?