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insulanian | 5 years ago

> TLDR: mining rewards should pretty much have no effect on BTC price

Miners will want to cover the cost of mining, and to achieve that they will want to sell coins for higher price than they were selling it before for.

discuss

order

llamataboot|5 years ago

No, they can't sell it unless someone wants to buy it. Miners will either go out of business or get into the business until the difficulty level approaches whatever a marginal profit is above whatever the current price of BTC is