Most means at least 51%
We had a 7% difficulty drop last time and maybe another 10-13% this period which is hardly even 1/4.
So it's not true and it's not the end of Bitcoin.
LE
To get a better picture, the chain still has five times more hashrate than during the 2017 pump.
100% correct explanation there bud! We had a 7% difficulty drop last time and maybe another 10-13% this period which is hardly even 1/4.
So it's not true and it's not the end of Bitcoin.
LE
To get a better picture, the chain still has five times more hashrate than during the 2017 pump.
Miners are just like the same as people these, people come and go so do the miners do but every time there are miners going to quit on what they are doing, it will be an opportunity for the others that are planning to mine Crypto Currencies and enter this industry. You're correct, losing some miners doesn't mean it is the end of Bitcoin or any certain kind of Crypto Currencies that can be mined, some people think so negative to the things that they don't understand completely but life still goes on. Some miners will, others will not. It's the same with holders. Some will sell, others will not. It doesn't change anything in the long run. When Bitcoin was worth 2$ and pumped to 26$ some people sold and became millionaires in 1 day. Did that change Bitcoin? Did that had any impact on the world economy? It's as significant as you selling or buying right now. Bitcoin or the economy won't even notice you.
Another correct explanation again! 
Only a small portion of miners shuts down but the big ones are still running and it looks like they would not stop from what they are doing as long as they gain profits with it. 