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 has never been a plague of accumulating bitcoin without referring to exchange their coins to the fiats. This is just like the investors who sells their coins for purchases since the entire societies does not accept bitcoin for payments but fiats.
So the present circumstances of Bitcoin price never scares miners from mining unless the miners decides to stay back. It is still like inventors who buys more of bitcoin in addy to their holdings without undermining the high price values of bitcoin while some buys DCA at the Dip.