Re: Miners are alive If BTC reach to $3000 ? And Is it possible ?
- BTC Reach $3k I guess most of the mining farms will be stopped. Is it possible to maintain mining forms at the market situation (BTC at $3K) ?
- When Miners are reducing in BTC blockchain what will happen for the transaction?
- Can we expect BTC going down to $3k Is it possible according to TA and Do we need to trust TA?
All Discussion are warmly welcome
Why would the miners stop? There are so many bitcoin miners, so even if some stop, it won't affect the system by any means. Just because the price is 3k USD, mining won't stop. Mining used to be done even when prices were worth nothing and people were mining at a loss, some still are but not the point I am trying to make.- When Miners are reducing in BTC blockchain what will happen for the transaction?
- Can we expect BTC going down to $3k Is it possible according to TA and Do we need to trust TA?
All Discussion are warmly welcome
I don't really trust or care about TA, but that's just my opinion, TA doesn't consider so many factors, so it's not ideal every time.