Bitcoin Forum

Bitcoin => Mining speculation => Topic started by: minerva on January 02, 2014, 05:15:11 AM



Title: WI Bitcoin mining crashes?
Post by: minerva on January 02, 2014, 05:15:11 AM
What if Bitcoin mining outpaces mining profits? What if there was overinvestment in mining?


Title: Re: WI Bitcoin mining crashes?
Post by: dewdeded on January 02, 2014, 05:33:49 AM
Some people will stop mining alltogether, some people will switch to another SHA256 coin, some people will keep going.


Title: Re: WI Bitcoin mining crashes?
Post by: minerva on January 02, 2014, 06:30:06 AM
Will the developers issue a hard fork to reset the difficulty?


Title: Re: WI Bitcoin mining crashes?
Post by: dewdeded on January 02, 2014, 06:32:04 AM
No way. And won't make sense, because diff would be during some days/hours back and value before reset.