Bitcoin Forum
May 11, 2024, 01:58:04 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Bitcoin Forum > Bitcoin > Mining > Mining speculation > Will miners suffer from the bitcoin halving if the price stays at its current r?
Pages: [1]
« previous topic next topic »
  Print  
Author Topic: Will miners suffer from the bitcoin halving if the price stays at its current r?  (Read 616 times)
coinhelper (OP)
Member
**
Offline Offline

Activity: 63
Merit: 10


View Profile
January 01, 2016, 06:12:05 PM
 #1
As the Bitcoin price has more than doubled in the past few months. I believe that miners will not suffer from the bitcoin halving as predicted.

Is this the case? As, if the bitcoin reward halfs, it should be balanced out with the price of Bitcoin?
[BPIP] Who are your biggest merit fans? Who do you send all of your sMerit to? .. Do you.. MATR?? O_o
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715435884
Hero Member
*
Offline Offline

Posts: 1715435884

View Profile Personal Message (Offline)

Ignore
1715435884
1715435884
Reply with quote  #2
1715435884
Report to moderator
1715435884
Hero Member
*
Offline Offline

Posts: 1715435884

View Profile Personal Message (Offline)

Ignore
1715435884
1715435884
Reply with quote  #2
1715435884
Report to moderator
winspiral
Legendary
*
Offline Offline

Activity: 1778
Merit: 1026


Free WSPU2 Token or real dollars


View Profile WWW
January 01, 2016, 06:17:00 PM
Last edit: January 01, 2016, 08:12:06 PM by winspiral
 #2
By principle they will not suffer ann is already in regulation because we know about the halving.

Edition:
I have wrong read...
I meant the price...
no the price will bot decrease it will even increase...but the miners will earn less...
http://u2cloudmining.winspiral.net/faucet_wspu2.php
http://u2cloudmining.winspiral.net/bcrm/bcrm_faucet.php
http://u2cloudmining.winspiral.net/wspu2/wspu2_faucet.php [First WSPU2 free faucet]
VirosaGITS
Legendary
*
Offline Offline

Activity: 1302
Merit: 1068



View Profile
January 01, 2016, 07:49:13 PM
 #3
Quote from: coinhelper on January 01, 2016, 06:12:05 PM
As the Bitcoin price has more than doubled in the past few months. I believe that miners will not suffer from the bitcoin halving as predicted.

Is this the case? As, if the bitcoin reward halfs, it should be balanced out with the price of Bitcoin?

We will suffer, the price doubling does not mean much since the difficulty doubled as well. No matter what, our BTC earning will be halved overnight and the price will not double overnight.

So there will be a rough patch, before things normalize again.

                      ▄▄█████▄▄
                    ▐████████████▄
                   ▄█▀▀▀▀▀▀▀██████▌
             █▄  ▄█▀           ▀▀█
              ▀▀▀███▄▄▄▄▄▄▄▄▄▄   █▄   ▄
               ▄▀▀         ▀▀▀▀▀▀▀██▀▀▀
         ▄▄▄▄▄█▄▄ ▄▀▀▄ ▄▄▄▄▄▄▄▄▄▄▄▄▄█▄▄▄▄
         ████▒▒███    ████▒▒████▌    ▀█▄ ▀
███████▄ ███▒▒███      ██▒▒█████       ▀█▄
 ███████ ▀█▒▒████     ▄█▒▒█████▀         ▀█ ▄  ▄▄
  ██████  ▌▀▀█████▄▄▄███████▀▀            ███▄███▌
 █████████  █████▀▀█▀▀██████▌             ██████▀
 ▀█████████ ███▄  ███   ▐███▌ ▄██       ▄█████▀
     ▀▀    ▀▀███████████████▄▄████▄▄▄▄█▀▀▀▀▀
               ▀▀▀███▀▀▀      ██████▄
                               ▀▀▀▀▀

▄█████████████████████████████▄
███████████████████████████████
███████████████████████████████
███████████████████████████████
█████████▀▀█████████▀▀█████████
███████ ▄▀▀         ▀▀▄ ███████
██████                   ██████
█████▌     ▄▄     ▄▄     ▐█████
█████     ████   ████     █████
█████      ▀▀     ▀▀      █████
█████▄   ▀▄▄▄     ▄▄▄▀   ▄█████
████████▄▄▄█████████▄▄▄████████
███████████████████████████████
███████████████████████████████
███████████████████████████████
 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█ █
█ █
█ █
█ █
█ █
Amph
Legendary
*
Offline Offline

Activity: 3206
Merit: 1069



View Profile
January 02, 2016, 07:55:51 AM
 #4
it depend on the diff, the diff need to be 4x what it is right now, so the miners will not be able to earn a sufficient amount to cover their cheap electricity

so this mean a 300% increase, which i doubt will happen in a7 months time frame
Raimonn
Legendary
*
Offline Offline

Activity: 1456
Merit: 1001


View Profile
January 02, 2016, 02:08:06 PM
 #5
It depends on many things, if prices of bitcoin increases they will not suffer. Also difference could go down if price of bitcoin don't grow. And also it will depend on electricity prices.
Pages: [1]
  Print  
Bitcoin Forum > Bitcoin > Mining > Mining speculation > Will miners suffer from the bitcoin halving if the price stays at its current r?
 « previous topic next topic »
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!