the other issue i keep thinking about related to miners are the people who sank millions into mining rigs. if you look at the hash rate / difficulty of finding new blocks, compared with the cost of the equipment and time required, seems like the incentive for mining is going to drop pretty significantly.
so perhaps they hold onto their supply, instead of selling at what they think is an artificially low price. but perhaps they panic and decide to unload - prices falls further. either way, the calculation that got them started is much less attractive.
plus, if the incentive to mine drops, the processing power of the network drops, could eventually increase the likelihood of a hack.
so perhaps they hold onto their supply, instead of selling at what they think is an artificially low price. but perhaps they panic and decide to unload - prices falls further. either way, the calculation that got them started is much less attractive.
plus, if the incentive to mine drops, the processing power of the network drops, could eventually increase the likelihood of a hack.