Explain please25 Mar 2024 11:29
If QBT find a more efficient method of mining Bitcoin, which would be great, would that not impact the value of Bitcoin by making mining easier therefore reducing the value of the currency.
As with any resource the value is between supply and demand, if QBT can increase supply by producing it cheaper won't the value fall unless there is a spike in demand.
In the past the value of the shares has been linked to the value of crypto and this could disrupt the market.
Happy if someone can point out why i am wrong.
thank you