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December 12, 2018, 09:00:23 AM |
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I think it will start to go up again soon. The reason for this is that the more miners are shutting down their systems means the less difficulty we will have. The only people who currently mine are the people who are willing to work at negative right now for future profit potential (which can be done by just shutting down the miners and buying the coin itself instead of paying electricity).
However, when the difficulty goes low enough there will be a potential to mine again and profit from it. Hence, we are going down right now and we need to wait a bit more but when the difficulty reaches to a point that its profitable again we will see chip sales going up again.
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