than when came up was a nice relief but since than the rewards started to fall drastically and now we have kda under 1$ and the rewards making this even more painful.. you guys realize that we are getting really close to a point where we have to shut down our miners right? What would happens than? Right now are difficult to take profit paying power to mine… u should do something about it.. don’t know what but something..
What usually happens is the following: those that aren't profitable turn off the miners making it more profitable for those that are still mining. It always creates this balance. For the individual with higher costs this is bad but the overall system is fine.
I know that but at this point it only gets profitable if you don’t pay power… so under the cut always..
You should take consideration with the ones we spent our saving trusting in Kda apart of the big miners corporates.. we provide trust too
I think for some the breaking point is somewhere around $0.40 and then again. A lot will turn off the miners making it a lot more profitable for those that keep their miners turned on.
There’s no balance at that point yet
its not true, the less miners there are the less secure system is
Unlocky wording on my end then. Hashrate always fluctuate and usually it's getting less in bear markets. It really depends how much the hashrate drops until it becomes critical.
Depending on miners straight
is that hashrate statement adresses kda hashrate or hashrate in general? cause bitcoin didn't see hashrate drops in bear market
In general. As the most of the coins prices drops, mining becomes more and more unprofitable. What I really find interesting is that the hashrate for Kadena climbed by a lot even though we had a bear market. https://poolbay.io/crypto/374/kadena
Because a Bitmains contract for manufacture new miners
MetaMask and TrustWallet aren't supported! Kadena has its own blockchain so doesn't have a contract address as such. You can obtain it from CoinMetro.com / Binance.com / KuCoin.com / Gate.io / Okx.com (and other exchanges listed here: https://www.coingecko.com/en/coins/kadena#markets)
well its not true for btc at least, hashrate trippled since 2021 for btc
ours 6x since beginning of 2022
Yeah, but there is demand lots of people or companies still stay profitable.
Exactly same dates were new miners switched on
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