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Re:Bitcoin falls below $5,000 by sunshiney on Monday November 19, 2018 @02:58PM (#18489249)
Exactly. And a drop in hash power and difficulty, which have a lag between one and the other, enables miners with more expensive operations to enter. Of course, they suffer when the reverse happens..but such is life.
Re:Bitcoin falls below $5,000 by newnewpdro on Monday November 19, 2018 @03:19PM (#18489433)
It was interesting when Monero did their first hard fork for "ASIC resistance" reasons.

I happened to be paying attention that day, and there was a brief period where the network was small because everyone's miners couldn't participate until they were updated. My little single-GPU miner was suddenly rather effective because I had it back up immediately while the difficulty was very low. These days I don't bother turning it on, but when the scheduled forks occur there's probably still some opportunity for the little guys.

Re:Bitcoin falls below $5,000 by asdff on Monday November 19, 2018 @11:49PM (#18491865)
What happens when the expenses to open new operations are too high even for the largest miners?