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Worry not, my spazoid.
When mining becomes less profitable, the less competitive miners drop out.
Even if the hash rate falls, there's a difficulty adjustment every 2 weeks that gets the average block time to 10 minutes.
This just forces Bitcoin mining to become more efficient. This is good for Bitcoin.
Worry not, my spazoid.
When mining becomes less profitable, the less competitive miners drop out.
Even if the hash rate falls, there's a difficulty adjustment every 2 weeks that gets the average block time to 10 minutes.
This just forces Bitcoin mining to become more efficient. This is good for Bitcoin.