[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 6 KB, 249x217, 1679338223617602s.jpg [View same] [iqdb] [saucenao] [google]
55470963 No.55470963 [Reply] [Original]

>who will mine BTC
>what will happen to price?

>> No.55470969

>>55470963
We start using LINK tokens because everything will be run off DONs by then anyways.

>> No.55470970

>>55470963
unprofitable miners turn asics off, difficulty goes down, only people with cheap/free power remain, things go on as usual

>> No.55470972

>>55470963
The supply of BTC will be set and the price will wildly increase over time as people lose bitcoins.

>> No.55470974

>>55470963
what makes you think they are turning a profit now?

>> No.55470980

>>55470974
They may not be, but with every halvening they're going to be getting less bang for their buck

>> No.55471060

>>55470980
i predict over half of current miners will have to shut down operations by the next halving

>> No.55471065

no good outlook
im out frens

>> No.55471142

>>55470963
ordinal transaction fees
Buy ordinals before everyone else does

>> No.55471152

>>55470963
Miners hold until the next inevitable rally. You Fuckers don't make money cus you are short sighted. Miners are forward looking people. They know mining is an operation that only becomes valuable over time. You only need to mine enough to sustain operations until the next bitcoin rally which is inevitable because of the programmed difficulty adjustments and bitcoin halving

>> No.55471299

they stop selling and price goes up