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.
Miners will remain as long as they can make a profit. But if the situation worsens, any person who is in business would give, knowing they were losing.
Upon seeing the current situation, I don't think it was enough for them to stop. These miners have been in business for many years and have already adjusted to the volatile situation of the market. It is already in their minds that not always the price is high; sometimes it drops, which causes some profit decline. And I already know what the best thing to do is—not give up.