Hi! I have another thread here that I started. Electricity costs caught up with mining profits. I want to ask now that price of ETH is so low, and I am sure there are those like me, considered, or shutdown their mining temporarily. Does fewer miners change anything about the ease of mining? Or do we get more shares or anything out of it?
Since no Asic mining yet, theoretically, what will happen if everyone decides to stop mining for now, due to high cost of electricity? Who will process transactions? Will it slow down?