Quote (Plaguefear @ Feb 27 2018 01:21am)
Should be crashing soon when all the people who thought it was easy money realise they are dumb and mass sell mining equipment.
Depends. In some locations electricity is fairly cheap and they are able to mine bitcoins for less than half they are worth. They can also move operations to where electricity is cheap, as some have done. I believe they have set-up shop in some small washington towns to get access to cheap electricity.
I dont know how quickly the cost to mine a bitcoin will approach the worth of one bitcoin though, but when it does then maybe you'll see some selling of mining equipment
This post was edited by cialda on Feb 27 2018 07:06am