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When Cryptocurrency Falls, What Happens to Cryptominers?
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Ritu_G
Ritu_G,
User Rank: Moderator
1/7/2019 | 11:59:14 PM
Sad decline
Considering how easy crypto mining sort of is, I'm surprised that there are so man people hell-bent on trying to crack the cryptocurrency codes. I mean, the whole purpose of cryptocurrencies is to make the system near unbreakable so that all of that money locked in storage is virtually untouchable. That's what Blockchain is supposed to do right? Pity though that now the price of cryptocurrencies is on the decline and that in itself is a big failure on the valuation of the success of this industry...
michaelmaloney
michaelmaloney,
User Rank: Apprentice
1/15/2019 | 12:33:53 AM
Digital risks
Any activity that happens on a digital platform has its own risks that we need to bear with similar to a real-life scenario which carries on its own some consequences. The pattern that ties the falling of cryptocurrency and cryptomining simply means that miners have to go through the ongoing hurdles before being able to either reap success or suffer losses depending on market trends.


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