Price of btc going down and reward cut in half for miners

[Anonymous No.58441104]

Is crypto mining at risk? What happens when mining becomes just a lose of money.

[OCPD !tjYCsxEpm2 No.58441113]

>>58441104
They’ll just export mining to third world shitholes and have niggers and underfed children solve the math problems by hand.

[Anonymous No.58441215]

>>58441113
>niggers and underfed children
>solve the math

[OCPD !tjYCsxEpm2 No.58441274]

>>58441215
All of Somalia lives off under 1 BTC/day. Just have them guess random numbers.

[Anonymous No.58441281]

>>58441215
The math is actually pretty simple. Like a child could do it. There's just a fuckton of it.

[Anonymous No.58441290]

>>58441274
Don't you just need to find one 64 bit number to solve a block? How hard could that be, just keep guessing numbers

[Anonymous No.58441317]

>>58441113
That is not a better cost effective way of mining anon

[Anonymous No.58442327]

>half for miners
is mining even profitable now?
I thought that shit was over when they made gpu prices go up, I remember I sold all my dextools dogs because I wanted a new gpu before that happened

[Anonymous No.58443534]

https://bitcoinmagazine.com/business/demand-pools-ceo-says-the-time-to-decentralize-bitcoin-mining-is-now

right now miners are mining because of what they will gain. in the future miners will mine because of what they can lose.

tl;dr anyone who holds any amount of bitcoin should solo mine even at a loss to secure there investment in btc

[Anonymous No.58443554]

>>58443534
im not gonna cuck my computer for whats worth $2 a month or something

[Anonymous No.58443561]

>>58443554
for $2 a month you have a chance to win a block every 10 minutes for that month. yes the chance of winning is almost zero, but you cant win if you dont play

[Anonymous No.58444229]

>>58441104
>rewards cut
>miners turn off
>hash rate drops
>becomes easier to mine BTC
>levels out
>demand stays the same
>scarcity has increased
>profit

[Anonymous No.58444230]

>>58441290
It would probably take you past the heat death of the universe and wrap around to another universe before you could figure out a hash by hand.

[Anonymous No.58444244]

>>58441104
A: hashrate goes down
Or
B: TX fees go up
Or
C: miners become cheaper/ more efficient
Or
D: price goes up

[Anonymous No.58445043]

>>58441113
>have niggers and underfed children solve the math problems by hand.
KEK

sarcasm aside, this was expected, thsi has happened three times already dude, this is normal after halving behavior, veterans know what to expect and are not wasting time here at biz, they are counting their mains and alts. That's the sole reason I'm still holding $super and btc into their next pump, whenever it may be. This is a game for strong willed alpha males not cunts.

[Anonymous No.58445097]

>>58444244
>checked
imagine being able to make it just mining BTC
my wettest dream

[Anonymous No.58445116]

>>58445097
Imagine to be able to make it at all.

[Anonymous No.58445118]

>>58444244
what about
E: All of the above.

[Anonymous No.58445122]

>>58445043
>here at biz
pls go back to r*ddit and (r)/opeyourself faggot

[Anonymous No.58445125]

>>58442327
it is, cause profits.... its circumstantial.

[Anonymous No.58445129]

>>58445043
all in all with the market crashing as it is I do wonder how the fuck super is still ok.

[Anonymous No.58445135]

>>58445129
that's just because it seems that they know wtf they are doing.
maybe they are just wondering that themselves and dont know shit.
kek