BTC at $4k will mining farm survive?

[Miguel]

If eventually BTC is at $4k will mining farm survive?
We all know the cost of Mining farms and its maintenance.

Want to hear your own view.....

[kemswag]

The mining farms would be in full operation despite the changes on the crypto market. Sometimes the issue is that most miners choose to mine other cryptocurrencies when there is a decrease in the value of bitcoin and this is the belief.

[Ikkelins]

The mining farms would be in full operation despite the changes on the crypto market. Sometimes the issue is that most miners choose to mine other cryptocurrencies when there is a decrease in the value of bitcoin and this is the belief.

That's very true most people actually think that miners have stopped mining bitcoin but that is not true as this is momentrarily. They are all waiting for bitcoin to rise a little so that they can start mining again. this is the right time to go into bitcoin mining in case you have a very small computational power. haha

[Gwapoman]

big and small scale mining farms already invested with solar panels or alternate source of energy to cover up the high cost energy consumed by mining tools.so i think even if BTC goes down to the level of around $2-3k, miners could still survive.

[moonswamp]

as I know most the small farms closed in China when the price is at $4K..
or move to some other place for cheaper electronic !

my CPU server also closed... and I want to sell them to buy some coins with low price.

Nobody will change the asic miners to mine other coins cos all alt coins these days have no value!

[SpoKen]

as I know most the small farms closed in China when the price is at $4K..

Were the miners in China not forced to leave in 2017 when the Chinese government banned bitcoin?

[allcoinsmoon]

This let me have hope that bitcoin will move upwards to suit the miners cost of operating their machines. I do not know how it is going to be done but I think it will be done in a way to boost price to be in line with the miners cost.