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by jmhyer123 1958 days ago
That assumes the general public will buy it and use it which isn't likely if the incentive to do so isn't there.
2 comments

Exactly this. If a huge industry miner can't afford to run a machine then the average crypto enthusiast can't either.
The general public buys much less yielding investments, they even buy lottery tickets by the millions!

And we're not talking black or white here.

It's not that miners suddenly will earn zero money.

It will just decrease to the point where it may make sense to sell some of the equipment. That equipment might still be somewhat profitable, just not as insanely high as it is now.