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December 30, 2013, 03:19:15 PM |
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That's funny. When a bitcoin was at $100, the miners were adding more and more hashing power, not less. Now, it's almost at $800 per coin, why would those people stop mining? Mining hardware is a SUNK cost, you want to KEEP running until the hardware dies, and when it dies, you replace it with something more powerful and efficient.
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