Quote from: coolmusic on April 08, 2014, 01:14:33 AM

Second."nobody in the right mind will keep doubling the hashrate of the network every month if they are loosing money. The hashrate of the network will keep growing only if the bitcoin value goes up again." I think this is only half true because when the price go down a lot of orders remains undelivered (same if the price go up) so the network difficulty don't follow the BTC price in real time but with a lot of delay.

+1 for this
There are too many people outside which have free electricity or just can not calculate Roll Eyes

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