Meanwhile EOS did 3097 Tx in a second at zero fees. there is also this news: https://steemit.com/dlike/@vimukthi/dash-stress-test-processes-double-bitcoins-on-chain-transactions-

At least I'm glad BCH is taking some good steps when it comes to staying true to the original goal. People better wake up to the reality soon and start dropping BTC altogether.

...

good point, in any case there are already other currencies with that technology and bitcoin dominance continues, probably establishing itself as a value

How many people mine it will not affect the value of Bitcoin.  The algorithm is written to always produce a new block every 10 minutes, no matter what the computing power is of the network.

If 90% of the miners disappeared overnight, the mining difficulty would drop 90% and the block time would still be 10 minutes.  That won't happen of course, because if it did then everyone would turn back on the miners to get the 10x increase in reward.

I have a contract with Hashflare that they have not been paying out for over 30 days.  It is only  small investment, but this very much smells like an exit scam to me.  Most investors believe BTC is moving into a bull phase.  No doubt they will keep the miners switched on but just claim all the profits for themselves.

Talk about a shitty way to end the week following a short bull run.

Never heard of this site before but it's on WOT blacklist.
![Screen Shot 2018-07-20 at 22.38.05.png](https://cdn.steemitimages.com/DQmUx989jVrnYrvck5CmNUtxskGrEpZBaQqYh6o1nZxNakt/Screen%20Shot%202018-07-20%20at%2022.38.05.png)

Difficulty adjustment would take care of handling the number of transactions, though it may take several days or even weeks to adjust, depending on how many miners cease mining and when the previous adjustment took place.

I have been expecting less efficient mines to start shutting down, a pity because those mines would probably soon become profitable again and the more miners we have, the more decentralised we are.

If Bitcoin does *not* go up then inefficient mines will certainly die off as ever increasing numbers of miners slowly erode their profit margins by increasing total hash power.