gkv9
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!!! RiSe aBovE ThE StoRm !!!
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February 22, 2016, 07:07:11 PM |
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Whether the price rises or not, when miners were already profiting at 25 BTC rewards when the price was $220, then I guess the price has already reached ~2x of it, so there won't be much effect even if the price remains as it is...
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The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
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Juhagic
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February 24, 2016, 10:30:44 AM |
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Whether the price rises or not, when miners were already profiting at 25 BTC rewards when the price was $220, then I guess the price has already reached ~2x of it, so there won't be much effect even if the price remains as it is...
The halving effect from reducing the block reward from 25 to 12.5 will not have too big effect. The last halving has big effect. |
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amaclin
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February 24, 2016, 08:32:02 PM |
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Whether the price rises or not, when miners were already profiting at 25 BTC rewards when the price was $220, then I guess the price has already reached ~2x of it, so there won't be much effect even if the price remains as it is... the price $220 per one 1 BTC was when the difficulty was x2.5 less comparing to current values think about it  |
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Ludwish
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Activity: 70
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February 24, 2016, 09:09:04 PM |
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Whether the price rises or not, when miners were already profiting at 25 BTC rewards when the price was $220, then I guess the price has already reached ~2x of it, so there won't be much effect even if the price remains as it is... the price $220 per one 1 BTC was when the difficulty was x2.5 less comparing to current values think about it I think we will not see $220 ever. It is the price in the history. We will not see $400 in 6 months. |
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stoat
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February 24, 2016, 11:04:12 PM |
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I think Ethereum will continue to grow market cap. People are sick to death of BTC right now. There won't be a price rise at halving which will actually be good for BTC in the long run because it will kill off the chinese miners
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richardsNY
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February 24, 2016, 11:28:22 PM |
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I think Ethereum will continue to grow market cap. People are sick to death of BTC right now. There won't be a price rise at halving which will actually be good for BTC in the long run because it will kill off the chinese miners
I really can't imagine some one being sick to death of Bitcoin as everything is moving in the right direction. Only time will tell what kind of increase the comming block halving will bring. I am sure it will be a more than decent increase. |
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romero121
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February 24, 2016, 11:58:02 PM |
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This doesn't look to be a big issue. Even when the price was $200 also the miners got benefited as well users got benefited. Now the price is found to be good and profitable just with its normal or natural increase. So next time people won't have much expectation on halving.
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coinzat
Sr. Member
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Activity: 434
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Young but I'm not that bold
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February 25, 2016, 12:02:56 AM |
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If a lot of miners stop mining dew to the halving, the mining difficulty will fall and new miners will continue the mining with no problem. we have to understand that mining is profitable for some people even if the prices fall to the deep. so do not worry  |
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Pattart
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February 25, 2016, 02:37:42 AM |
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any cause if there is no price increase. probably because bitcoin users diminishing ? #imo
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stoat
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February 25, 2016, 04:04:51 AM |
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Bitcoin halving is already priced in. Bitcoin total supply is 21 million everyone knows that so all future halvings are priced in.
Ethereum will grow market cap as bitcoin stagnates. Hopefully the chinese miners go bust after halving which should do bitcoin a favour.
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Amph
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Activity: 3206
Merit: 1069
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February 25, 2016, 07:25:58 AM |
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Bitcoin halving is already priced in. Bitcoin total supply is 21 million everyone knows that so all future halvings are priced in.
Ethereum will grow market cap as bitcoin stagnates. Hopefully the chinese miners go bust after halving which should do bitcoin a favour.
no the bitcoin halving is not priced in anymore, because the diff doubled basically, it was priced in when the diff was 70B now 140B+ so there is the need for another increase for the miners, to have the same profit as before |
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valta4065
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February 25, 2016, 09:33:58 AM |
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Bitcoin halving is already priced in. Bitcoin total supply is 21 million everyone knows that so all future halvings are priced in.
Ethereum will grow market cap as bitcoin stagnates. Hopefully the chinese miners go bust after halving which should do bitcoin a favour.
no the bitcoin halving is not priced in anymore, because the diff doubled basically, it was priced in when the diff was 70B now 140B+ so there is the need for another increase for the miners, to have the same profit as before Ok would you care to detail a bit? I didn't understand you at all xD What's the diff? |
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stoat
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February 25, 2016, 11:23:20 AM |
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Bitcoin halving is already priced in. Bitcoin total supply is 21 million everyone knows that so all future halvings are priced in.
Ethereum will grow market cap as bitcoin stagnates. Hopefully the chinese miners go bust after halving which should do bitcoin a favour.
no the bitcoin halving is not priced in anymore, because the diff doubled basically, it was priced in when the diff was 70B now 140B+ so there is the need for another increase for the miners, to have the same profit as before Ok would you care to detail a bit? I didn't understand you at all xD What's the diff? He is a fucking idiot. Bitcoin halving is priced in. Difficulty is just a function of the number of miners. Just means they will be even more fucked when the halving happens. Buy ethereum guys. |
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Amph
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Activity: 3206
Merit: 1069
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February 25, 2016, 11:43:11 AM |
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Bitcoin halving is already priced in. Bitcoin total supply is 21 million everyone knows that so all future halvings are priced in.
Ethereum will grow market cap as bitcoin stagnates. Hopefully the chinese miners go bust after halving which should do bitcoin a favour.
no the bitcoin halving is not priced in anymore, because the diff doubled basically, it was priced in when the diff was 70B now 140B+ so there is the need for another increase for the miners, to have the same profit as before Ok would you care to detail a bit? I didn't understand you at all xD What's the diff? He is a fucking idiot. Bitcoin halving is priced in. Difficulty is just a function of the number of miners. Just means they will be even more fucked when the halving happens. Buy ethereum guys. yeah sure keep insulting for no reason when you're wrong, difficult increase by 2x so it means that miners are earning right now exactly the same they were earning at 2xx price with 70B difficulty all this mean that we need another 2x increase to face the halving without another 2x increase in the diff, otherwise will be pointless.... |
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Juhagic
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February 26, 2016, 10:24:15 AM |
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Bitcoin halving is already priced in. Bitcoin total supply is 21 million everyone knows that so all future halvings are priced in.
Ethereum will grow market cap as bitcoin stagnates. Hopefully the chinese miners go bust after halving which should do bitcoin a favour.
no the bitcoin halving is not priced in anymore, because the diff doubled basically, it was priced in when the diff was 70B now 140B+ so there is the need for another increase for the miners, to have the same profit as before Ok would you care to detail a bit? I didn't understand you at all xD What's the diff? He is a fucking idiot. Bitcoin halving is priced in. Difficulty is just a function of the number of miners. Just means they will be even more fucked when the halving happens. Buy ethereum guys. yeah sure keep insulting for no reason when you're wrong, difficult increase by 2x so it means that miners are earning right now exactly the same they were earning at 2xx price with 70B difficulty all this mean that we need another 2x increase to face the halving without another 2x increase in the diff, otherwise will be pointless.... This can be applied to the situation with Ethereum. The difficulty doubled, but fortunately, the price is 6 fold. |
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coldbound
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February 26, 2016, 11:53:15 AM |
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Miners will always find a way to profit, there will always be someone who is using more expensive electricity and therefore will have to deactivate their chips. They were profitting when the price was $220, some miners, particularly those who are not based in cheap electricity zones will have a hard time, but mining in general won't care that much.
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asrilani
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March 02, 2016, 09:04:21 AM |
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Miners will always find a way to profit, there will always be someone who is using more expensive electricity and therefore will have to deactivate their chips. They were profitting when the price was $220, some miners, particularly those who are not based in cheap electricity zones will have a hard time, but mining in general won't care that much.
When it is less profitable to mine with the S7 with current settings, they will reduce the voltage and make it more efficient. |
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Amph
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March 02, 2016, 09:25:11 AM
Last edit: March 02, 2016, 11:03:57 AM by Amph |
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Bitcoin halving is already priced in. Bitcoin total supply is 21 million everyone knows that so all future halvings are priced in.
Ethereum will grow market cap as bitcoin stagnates. Hopefully the chinese miners go bust after halving which should do bitcoin a favour.
no the bitcoin halving is not priced in anymore, because the diff doubled basically, it was priced in when the diff was 70B now 140B+ so there is the need for another increase for the miners, to have the same profit as before Ok would you care to detail a bit? I didn't understand you at all xD What's the diff? He is a fucking idiot. Bitcoin halving is priced in. Difficulty is just a function of the number of miners. Just means they will be even more fucked when the halving happens. Buy ethereum guys. yeah sure keep insulting for no reason when you're wrong, difficult increase by 2x so it means that miners are earning right now exactly the same they were earning at 2xx price with 70B difficulty all this mean that we need another 2x increase to face the halving without another 2x increase in the diff, otherwise will be pointless.... This can be applied to the situation with Ethereum. The difficulty doubled, but fortunately, the price is 6 fold. correct, in fact right now the diff on bitcoin is slowing down, we are in negative, miners aren't stupid they knwo that they do not have huge margin anymore on profit(4-5 x the consuming to be precise) so i don't expect any major diff increase for the moment unless the value skyrocket to 2x again and so on...endless cycle |
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valta4065
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March 02, 2016, 09:32:58 AM |
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Bitcoin halving is already priced in. Bitcoin total supply is 21 million everyone knows that so all future halvings are priced in.
Ethereum will grow market cap as bitcoin stagnates. Hopefully the chinese miners go bust after halving which should do bitcoin a favour.
no the bitcoin halving is not priced in anymore, because the diff doubled basically, it was priced in when the diff was 70B now 140B+ so there is the need for another increase for the miners, to have the same profit as before Ok would you care to detail a bit? I didn't understand you at all xD What's the diff? He is a fucking idiot. Bitcoin halving is priced in. Difficulty is just a function of the number of miners. Just means they will be even more fucked when the halving happens. Buy ethereum guys. yeah sure keep insulting for no reason when you're wrong, difficult increase by 2x so it means that miners are earning right now exactly the same they were earning at 2xx price with 70B difficulty all this mean that we need another 2x increase to face the halving without another 2x increase in the diff, otherwise will be pointless.... Or we'll just see a difficulty decrease! It wouldn't be a bad thing in itself no? I mean what's the point of high difficulty for non miners? |
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n0ne
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March 02, 2016, 09:52:35 AM |
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Miners will always find a way to profit, there will always be someone who is using more expensive electricity and therefore will have to deactivate their chips. They were profitting when the price was $220, some miners, particularly those who are not based in cheap electricity zones will have a hard time, but mining in general won't care that much.
Well only the miners who were getting less profit because of increased power consumption charge will be affected badly rather than other miners. Such miners can decrease there production else they can't manage. |
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