Post by nicnym

hashrate is nowhere near enough for that (yet)
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Its true. Miners need enough revenue to keep competing and keep the difficulty high. With every halving, miners revenue is cut in half. Bitcoin price will keep going up, you can say, but USD is a shitcoin, if we don't generate enough BITCOIN revenue for the miners, the hashrate will keep falling and we will be more and more vulnerable to nation state attacks.
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power gets cheaper and the hashrate continues to go up
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