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Kishniev-

Who'Ll be mining it when energy prices are through the

roof and there's no incentive?

#bch #bitcoincash #cryptocurrency #english
0

4 ответов

30 просмотров
Fiendish-Crypto

No one, and that’s what’s great. Mining becomes expensive, and so people drop out, overall hash drops, and the cost to attack stays the same due to high energy costs.

0
7 месяцев назад
Fiendish-Crypto

I do, but the price is not what is relevant. If the price of BTC and BCH drop to 1 dollar, but transactions boom, the mining industry may still be making enough through fees or other services to keep making hash to sell. The network is still secure. Coin price is a factor in hash rate, but it is not what decided security. Hash is.

0
7 месяцев назад
Fiendish-Crypto
Fiendish Crypto
I do, but the price is not what is relevant. If th...

To be even more concise with my wording: security= the cost to make the hash 😉

0
7 месяцев назад

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