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2025-12-13 15:46:16 UTC
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Sea Beaver on Nostr: Honest question. If the cost to mine Bitcoin becomes too high relative to the value ...

Honest question. If the cost to mine Bitcoin becomes too high relative to the value of that Bitcoin because of a drop in price, could there be a situation where miners drop off and the difficulty adjustment goes down? This would lower the bar and and support a lower pricing trajectory. Is this the wrong way to think about it?