Speaking of death spiral: EOS block producers close to wind up in one

2018-12-13 07:39

Death spiral theory subscribers argued, once Bitcoin’s price falls below its cost of mining, the incentive to mine will deteriorate, thrusting bitcoin into a death spiral. That is, without the mining activities supporting the ledger that maintains the records of who owns what.

Corey Miller, part of the BlockTower investment team, raised an interesting question apro […]

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