On: Many Bitcoin Miners Are at Risk of Turning Unprofitable

[Jagat]

Also isn't fewer miners => reduced difficulty => higher chances of solving the puzzle => greater chance of a successful mine => potential profit?

[raesene9 → Jagat]

Fewer organizations mining doesn't necessarily mean lower hashrate.

As new hardware comes online for the big miners the hashrate could still increase whilst the number of organizations mining decreases.

[leovailati → Jagat]

Yes, but only momentarily. These big consolidated miners will keep investing in their highly efficient hardware and mining power will keep going up.