Hello all ,
Why people are happy about the prices drop
I ask a miner he said that he is happy too why ? his profile will drop also
A miner shouldn't be happy in this situatuion. He has to pay maintenance to keep the rigs functioning. The lower the BTC price, the harder it becomes to run a mining rig.
If he was just someone who wanted to purchase BTC with fiat, I would understand that he is happy - cheap coins.