Post
Topic
Board Economics
Re: What happens if bitcoin price falls below the cost of mining it?
by
ucingucingan
on 04/10/2018, 05:49:31 UTC
If prices fall more in the bitcoin, then it will be very detrimental for the miners, given to mine the huge costs required bitcoin to pay for the cost of electricity and the internet had not been a fee for maintenance of the device, then if the price fell it will make the miners suffered heavy losses