LogFAQs > #980026211

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Topic	Bitcoin Halving Today
iGenesis 04/21/24 4:41:14 PM #11:	Bitcoin prices would have to double every ~3.75 years for miners to maintain their profit margins. At some point this entire industry will self-implode, as this growth rate is too fast to be sustainable over the next century. Itd be great for the environment when that happens, as all Bitcoin mining does is waste energy. --- 2012 U_U 2017 X_X <cite>iGenesis posted [p:980026211] in Bitcoin Ha... [t:80751252]...</cite> <quote>Bitcoin prices would have to double every ~3.75 years for miners to maintain their profit margins.At some point this entire industry will self-implode, as this growth rate is too fast to be sustainable over the next century.Itd be great for the environment when that happens, as all Bitcoin mining does is waste energy. --- 2012 U_U2017 X_X</quote> ... Copied to Clipboard!
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