Post
Topic
Board Economics
Re: Does Pump is Coming
by
tonyvo2017
on 06/03/2019, 11:20:58 UTC
There is interesting article on http://bitcoingape.com/chinese-miners-to-activate-over-1-million-asics-ahead-of-2020s-halving/

It looks like miners from China what has to suspend his operation are coming back because of 2020 halving
optimistic news if real
They can continue to exploit and hold that BTC number until its price increases. Why do they have to stop it?
I know that the convenience costs in China are increasing as the government discovers that many businesses are digging coins. But the miners can still get quite good profits thanks to the processing of blocks. so there are not many obstacles for miners. Cheesy