Why Bitcoin’s value and Bitcoin mining do not neutralize each other?

lilly
Posts: 16
Joined: Tue Aug 22, 2017 12:44 pm

Why Bitcoin’s value and Bitcoin mining do not neutralize each other?

Postby lilly » Wed Aug 23, 2017 5:22 am

Why Bitcoin’s value and Bitcoin mining do not neutralize each other? While both are increasing continually?

carrialgo
Posts: 45
Joined: Wed Apr 26, 2017 8:55 am

Re: Why Bitcoin’s value and Bitcoin mining do not neutralize each other?

Postby carrialgo » Wed Aug 23, 2017 8:23 am

It is quite difficult or impossible. Because, supply is directly proportional to the demand and people still mine the Bitcoin by using heavy electricity and advanced hardware.

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