katrimans
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May 01, 2016, 05:11:48 AM |
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Halving dont have much effect on Minners. Its the users who gets most benefits from it, the bitcoins Users
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streazight
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May 01, 2016, 05:31:42 AM |
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Halving has a big affect only bitcoin's price increasing.
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Za1n
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May 01, 2016, 07:25:23 AM |
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Halving won't affect the large operation miners as much as you think. It will be the smaller operators that will be hurting. The large miners are setup in places with very low cost electricity (< $0.03 KWh) rates and can ride out the halving quite nicely. It will be the medium/small operators that will eventually be forced out, thus consolidating the mining even further into the hands of those big miners you are worried about.
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DimensionZ
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Shit, did I leave the stove on?
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May 01, 2016, 08:11:21 AM |
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I think the cloud mining companies will readjust their price schemes in line with the new Bitcoin price. The private miners will be affected the most when the block reward is cut in half but I don't think anyone is mining Bitcoin at home any more everyone has turned to GPU farms mining alt coins. I don't know what will happen to the big Chinese Bitcoin farms though maybe they will take heavy losses or maybe not.
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Xapodat
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May 01, 2016, 08:30:29 AM |
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The big mining companies have cheaper electricity. The Chinese ones have the 0.04/kWh, so they will survive.
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Amph
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May 01, 2016, 09:15:54 AM Last edit: May 01, 2016, 10:52:13 AM by Amph |
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it will not do much, because they have very cheap electricity, because they have already reached their roi on all equipment, because they are producing 14nm machine
and because they have still 4:1 ratio between consumption and revenue, people who really think that the mining scene will be unprofitable for the giant farms out there, after the halving, don't really know what they are talking about...
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AGD
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Keeper of the Private Key
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May 01, 2016, 09:47:16 AM |
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I am sorry to cool some of you down a little, but price adaption because of the halvening has happened already.
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Jasad
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= jasad =
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May 01, 2016, 10:51:15 AM |
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it will not do much, because they have very cheap electricity, because they have already reached their roi on all equipment, because they are producing 14nm machine
and because they have still 4:1 ratio between consumption and revenue, people who really think that the miner will be unprofitable for te giant farms out there, after the halving, don't really know what they are talking about...
yes right,everybody agree if exchange will not get much effect from bitcoin halving,and i believe exchange have better plan to facing bitcoin halving,might just people on this forum who need more effort when halving come.
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Brangdon
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May 02, 2016, 12:00:48 PM |
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Halving won't affect the large operation miners as much as you think. It will be the smaller operators that will be hurting. The large miners are setup in places with very low cost electricity (< $0.03 KWh) rates and can ride out the halving quite nicely. It will be the medium/small operators that will eventually be forced out, thus consolidating the mining even further into the hands of those big miners you are worried about.
Care to put a number on it? It sounds like you are saying network hash power will drop. It looks to me like it dropped by 10% in Nov 2012. Will this year's drop be similar?
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Bitcoin: 1BrangfWu2YGJ8W6xNM7u66K4YNj2mie3t Nxt: NXT-XZQ9-GRW7-7STD-ES4DB
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Text
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May 05, 2016, 01:42:20 PM |
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I think there would still effects on big mining companies when halving comes either big or small. Because the number of blocks would be divided into two. So the supply will be lessen and the demand will go higher. Well I think they are ready before it happens and they can make adjustment as well to keep their industry working...
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knowhow
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May 05, 2016, 09:38:35 PM |
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it will not do much, because they have very cheap electricity, because they have already reached their roi on all equipment, because they are producing 14nm machine
and because they have still 4:1 ratio between consumption and revenue, people who really think that the mining scene will be unprofitable for the giant farms out there, after the halving, don't really know what they are talking about...
I full agree with you they had roi long time ago the most of them running into plenty proof,even with their miners being punished for the work they had roi and now its time to maximize their income ,big companies arent affected by the halving .The solo miners and the people that still has miners turned on will be the main affected as the price of energy is very different from the china rates,if bitcoin gets a better value this year around 600-700 dollars i believe it will still being profitable and maybe some old miners returns activity to get some extra income .
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GamingBro
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May 05, 2016, 11:56:30 PM |
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It will be negative for solo miners but on big mining companies will be so minor influance cause they own a lot of money and can increase hardware without losing money i think.
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shutter
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May 06, 2016, 01:39:29 AM |
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No halving wont have much effect on mining compainies
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Xapodat
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May 14, 2016, 12:34:56 PM |
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No halving wont have much effect on mining compainies
The halving will reduce the income for the mining company by 50%. Do you think that is not much effect?
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senyorito123
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May 14, 2016, 12:40:34 PM |
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No halving wont have much effect on mining compainies
The halving will reduce the income for the mining company by 50%. Do you think that is not much effect? Halving have great effect on big mining companies big part of their income will be lose because halving well decrease the supply and difriculty to mine is even harder, its getting hard time to find blocks thats why many mining hardware owner sell their equipments because its not profitable for them anymore, and thats the reason why big company accepts investors so they can sustain their company earnings.
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Denker
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May 14, 2016, 12:42:33 PM |
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No halving wont have much effect on mining compainies
The halving will reduce the income for the mining company by 50%. Do you think that is not much effect? Not if the price doubles from! Then it stays the same!
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SAMKUSH
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May 14, 2016, 01:14:06 PM |
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probably halving will affect big mining companies positively as miners mining bitcoins on a small scale will most likely find it less profitable and shut down leaving big mining companies as the only players for the block rewarding
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JosNekoKopa
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May 14, 2016, 01:18:51 PM |
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Soon we will have even better and faster miners and this will be equal again. But in the future we will have much problems if price stop rising with halving of block.
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mayax
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May 21, 2016, 10:46:20 AM |
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the miners will mine Ether and others....Bitcoin will lose part of the miners in few months.
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maku
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May 21, 2016, 11:33:49 AM |
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the miners will mine Ether and others....Bitcoin will lose part of the miners in few months.
I don't think that any serious bitcoin mining company, or owner of large amount of ASICS will stop just because halving. It is much more profitable to still run their rigs than stopping and seek money elsewhere. People are overrating halving effect.
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