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A comment on Bitcoin mining becomes unprofitable as BTC price falls to average cost of mining. Parent comment

Re:Bitcoin mining becomes unprofitable as BTC price falls to... by everfree on Sunday June 19, 2022 @04:07AM (#31797280)
I'm actually very curious to know where you've heard of something like that that predates the Bitcoin protocol's mining difficulty adjustment algo.
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Re:Bitcoin mining becomes unprofitable as BTC price falls to... by blitztime on Sunday June 19, 2022 @04:30AM (#31797410)
I think they’re referring to the recent Terra/Luna crash.
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Re:Bitcoin mining becomes unprofitable as BTC price falls to... by everfree on Sunday June 19, 2022 @04:36AM (#31797451)
You may be right, but in that case I don't understand the relevance of Terra/Luna to bitcoin's difficulty adjustment algorithm.
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Re:Bitcoin mining becomes unprofitable as BTC price falls to... by cypress66 on Sunday June 19, 2022 @08:15AM (#31798590)
There is none. But in this divisive world crypto must be either perfect, or every single part of it broken, according to people.
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