Post
Topic
Board Economics
Re: Does Pump is Coming
by
Netnox
on 26/03/2019, 17:41:36 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

I don't know how this can be sustainable. With each block reward halving, less and less coins will be mined. If the prices don't go up exponentially, then sooner or later these mining farms will be forced to cease their operations and file for bankruptcy.