Bitcoin mining is not that good ?

seems like with the downtrend in the prices of bitcoin the mining is also on the way to its shut down soon many giants of mining bitcoin who has setup farms of large mining rigs in factories are reportedly shutting down soon.

What could it mean for crypto ??

Well this could impact largely if it is not on a level par of profit as no one would mine for loss the transaction costs are likely to go high and the speed of transactions will be slow too just experienced it after sending some btc.

What do you think will bitcoin moving to the proof of stake algorithm soon ?? just my assumption but its not gonna be happening

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