What a reversal!
We had propaganda from banking and government sector trying to devalue BTC. And they managed to do it. They Even proceeded to shut down the farms in order to cause the transaction delays and prevent mining.
Math Wins. (Profitability Paradox)
- It will alway be profitable to mine BTC. The more farms they close, the better 'shares' are for those who left.
- The more price drop, more people will stop mining as it becomes unprofitable.
- But if more people stop mining, it means more shares for these who remains making it profitable in any scenario.
This is one big logical f****up, leaving very little possibilities to 'get rid' of bitcoin.
BTC mining will always be profitable.
Bitcoin will even get profitable by becoming not profitable or if you like,
Where's the can opener? - Inside the can. That's the beauty of science. Especially the 'Paradoxes' as this one definitely is.