Post
Topic
Board Economics
Re: Bitcoin price vs. hash rate?
by
Erdogan
on 01/04/2014, 09:01:05 UTC
i have always wondered what happens to bitcoin when everyone stops mining because its not worth it and the hash is to difficult? will bitcoin die then?
the hashrate will drop significantly because only a few ppl mining it
and transaction confirmation i slooooww


And the remaining miners' profit goes up. So no, it will not die.