What happens when the energy expenses of mining become more expensive than the value of the coins mined?

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Anonymous Sat Jun 18 11:20:23 2022 No.49774454 [Reply] [Original]

What happens when the energy expenses of mining become more expensive than the value of the coins mined?

>>	Anonymous Sat Jun 18 11:23:06 2022 No.49774498 >>49774454 >kinders stop mining > less supply >scarcity creaties price increases >miners start mining again, new generation of miners mining more efficiently

Anonymous Sat Jun 18 11:24:04 2022 No.49774518

>>49774454
>What happens when the energy expenses of mining become more expensive than the value of the coins mined?

not just bitcoin but the internet in general.

what happens when advertising revenue is no longer enough to fund the power bill for twitter/instagram/fortnite server farms?

>>	Anonymous Sat Jun 18 11:27:23 2022 No.49774574 >>49774454 you keep mining so you can keep telling people you mine crypto to impress them

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