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phreeza
on April 10, 2013
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Bitcoin falls from $266
At some point it would probably be easier to mine one, if the value and interest drops low enough.
jdludlow
on April 10, 2013
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That's backwards. As the value approaches zero, the relative cost of mining grows not shrinks.
entropy_
on April 10, 2013
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That's true, but as value drops, there is less incentive to mine bitcoin so there'll be a lot less mining going on(not cost-effective with respect to the cost of electricity).
mynameisvlad
on April 10, 2013
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Unless we reach the mining gives you 0BTC limit.
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