Post
Topic
Board Bitcoin Discussion
Topic OP
Does the number of miners reduce when the price drops?
by
deepskydiver
on 04/08/2024, 10:40:55 UTC
Just wondering if anyone has noticed a trend of longer block times when the price drops. I presume some proportion of miners become unprofitable. And that of those - some might need to convert to fiat in the short term to cover costs and so pause mining.