Cipher Mining Inc (CIFR)

[77Port]

Lokotomy wrote regarding miners: "... now I'm worried halving will destroy them all..."

Yes, the roller coaster market hates stockholders who get tossed around like sacks of potatoes.

But Bitcoin requires miners to work. Without miners a bitcoin is worth less than a potato because you can't eat a bitcoin. It's the miners which make the "dumb" bitcoin valuable.

People are worried that quantum computing could replace current mining because they might be able to crack the codes more easily than any of the current miners. But quantum computing is always decades into the future.

Why are you worried miners could be destroyed?