Godlike Productions - Discussion Forum
Users Online Now: 2,339 (Who's On?)Visitors Today: 1,218,285
Pageviews Today: 1,712,332Threads Today: 470Posts Today: 8,684
01:53 PM


Back to Forum
Back to Forum
Back to Thread
Back to Thread
REPORT ABUSIVE REPLY
Message Subject This izit !!!,, Bitcoin crashing to $10,000
Poster Handle Anonymous Coward
Post Content
What's happened to crypto-mining? Do people still do that?
 Quoting: Anonymous Coward 82917880


[link to broward.ghost.io (secure)]

"The Bitcoin network is collectively losing $5 billion per year while heading into an environment of rising energy costs and recession. In early 2024, the Bitcoin algorithm reduces mined coins to half so at the current price, the annual loss would almost double to $8.4 billion."

miners losing $500 million per month since May.

at $10k, miners will lose $725 million per month,
which increases to $860 million in 1st qtr of 2024.

.
 
Please verify you're human:




Reason for reporting:







GLP