Bitcoin's plunge has made it far less economical to mine the digital token. Some companies are starting to unplug their equipment.
  • Sodium_nitride@lemmygrad.ml
    2·
    1 month ago

    Yeah but the miners will not all quit all of a sudden. If many quit but there are still enough left, the remainder will enjoy higher profits since they’ll crack more blocks (iirc miners compete for blocks)