Post
Topic
Board Economics
Re: Does Pump is Coming
by
armarsterling7
on 07/03/2019, 04:32:15 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
yep, they should do that. the money they invested in BTC and other expenses now make them more losses than ever. The price of BTC has dropped very low, the transaction costs of blocks are not high and electricity prices are increasing, which makes miners very disadvantageous.
they should suspend digging and wait when the price of the BTC increases. The halving event will make its price significantly increase.