Bitcoin

Mining Theory – Theoretical “attacks” as difficulty decreases.

If price increases after the halving do not compensate for the reduction in rewards to miners, some miners will stop mining as it becomes unprofitable.

As there are fewer miners, complexity decreases, making their jobs easier and less energy-intensive until they stabilize at a smaller, more profitable network size.

Now, the problem with BTC is not that existing hardware is going away, it’s just being switched off because it’s not profitable. Therefore, there is a risk that collisions will cause collapse and network problems. like this:

1- Half life occurs. Many miners are currently unprofitable.

2- Prices do not rise as expected.

3- To pay off the debt, miners sell their BTC holdings.

Of course, things will eventually stabilize. However, when serious crashes occur, new interesting problems arise. Let’s say the difficulty drops to 10% of what it is now. This means that for every one active mining rig, there are theoretically 9 that could be brought back and attack the network.

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