Post
Topic
Board Speculation
Re: What if bitcoin seems to average about 7500 USD
by
Febo
on 16/09/2018, 21:14:25 UTC
Just suppose...

What if bitcoin seems to average about 7500 USD or so over a very long period, like a year or even more. Currently, this isn't high enough of a value in USD to really mine anymore with GPU's, if mining for profit in USD anyways. I do not mine with ASIC miners and I really know very little about them, even though I almost bought a Bitmain Antiminer S9 before I build my 8 GPU rig.

Will mining taper off to little to nothing, will difficulty levels be adjusted to compensate miners, or what else?

You are mining Bitcoin with GPUs?  Really?  I thought no one is mining Bitcoin with GPUs from like 2013.  People mine alts with GPUs.