Again, no one knows the answer to this question of «what happens to bitcoin if mining it is unprofitable» with any certainty, but my belief is we'd see bitcoin (and some of its miners) live on, albeit
with slower processing times.
Lysing the red blood cells diminishes the tendency of blood to clog the system, a common problem that
slows processing time in similar CTC filtering devices.
Bitcoin had troubles
with slow processing time, higher fees when compared to most other cryptocurrencies and also had some issues with privacy as it is a known fact for quite some time now that Bitcoin blockchain ecosystem keeps all your transaction info «onboard», which means that your privacy is potentially jeopardized from exposure at all times.
A significant portion of the Bitcoin community was unhappy with the large transactions costs and
slow processing times that were crippling the digital currency.
This approach is no longer time or cost effective and can lead to errors,
slow processing times and the need for space to store documents.
We say «dying» because although Bitcoin has been pulling in new investors, new «users» have been remaining at bay because of BTC's
slow processing times and rising transaction fees.
Dorsey, whose recently invested in a company called Lightning Network that aims to solve problems with bitcoin's
slow processing times and wildly variable processing fees, conceded that Bitcoin «does not have the capabilities right now to become an effective currency.»
It is part of a collaborative attempt to provide a solution to
the slow processing time that traditional Bitcoin requires to process transactions.