If we’re at the point where it takes “economy of scale” to remain in the game then the average miner must have invested in a whole lot of hardware and such. What happens when the cost of financing the premises and equipment outweighs the meagre returns over electricity cost from keeping things running? There could be periods where nobody’s making money. Not that I have any idea if we’re in one.
If we’re at the point where it takes “economy of scale” to remain in the game then the average miner must have invested in a whole lot of hardware and such. What happens when the cost of financing the premises and equipment outweighs the meagre returns over electricity cost from keeping things running? There could be periods where nobody’s making money. Not that I have any idea if we’re in one.