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"According to Peter Leeds — financial expert and author of "Penny Stocks For Dummies" — it will no longer be worth it to mine bitcoins when the price dips below $350. If a bunch of miners should quit, we'll see a bottleneck, an increase in time required to complete a payment.If all of them should quit, Bitcoin payments stop going to their intended recipients. It would effectively end Bitcoin."
"According to Peter Leeds — financial expert and author of "Penny Stocks For Dummies" — it will no longer be worth it to mine bitcoins when the price dips below $350. If a bunch of miners should quit, we'll see a bottleneck, an increase in time required to complete a payment.If all of them should quit, Bitcoin payments stop going to their intended recipients. It would effectively end Bitcoin."
by InformedTrades via InformedTrades
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