China Bitcoin Mining Growth May Help Overcome Worries Over 7/11 HalvingWhat effect will the July 11 halving have on the Bitcoin’s value? As many worry that mining becomes less profitable, some experts take a different view.
Most Bitcoin users believe that the pending halving in July will have an effect on the cryptocurrency’s value. Speculations are rife that Bitcoin mining activities will be less profitable afterwards especially for big miners which will extend to individuals who have mining contracts. Some say the small miners will also suffer.
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http://cointelegraph.com/news/china-bitcoin-mining-growth-may-help-overcome-worries-over-711-halving
