I buy cloud mining #BTC at binance pool,
worth of $23.04 for 1TH ,
after start at 3 july 2024 and got 0.00000049 BTC on first day (360 day contract)
I count it at the end of contract I may received 0.0001764 BTC.
its mean I need at least BTC price at $130.612 to break even of my investment.
now the price of BTC below 60K, i wonder if miner count like this and no one will mining the BTC, then what happen to BTC?
whould it be shutdown or can't run the protocol?
I just wonder and curious š¤