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11808114 No.11808114 [Reply] [Original]

c-can someone explain how its possible for the price to still go down? how is the network even operating? i thought $5400 is how much it costs to mine a bitcoin

>> No.11808165

>>11808114
The difficulty can adjust. Those that dont want to mine at a loss will shutdown shop. Wait until BTC enters a hashing death that is capitulation.

>> No.11808226

>>11808114
they aren't mining. It's done. Nvidia crashed because all the mining chi[ps they made aren't gonna get sld now because shitcoin is fucking finished

>> No.11808316

>>11808165
wtf is difficulty. why did no one tell me about this a few weeks ago

>> No.11808435

>>11808316
Its what keeps the average block time to 10 minutes. People use to mine using CPUS and GPUS anon. Once a chain death happens BTC is looking at 1k Maximum for several years.