Bitcoin Forum
November 07, 2024, 08:16:42 AM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2] 3 4 »  All
  Print  
Author Topic: How halving will affect big mining companies?  (Read 2533 times)
katrimans
Hero Member
*****
Offline Offline

Activity: 882
Merit: 500



View Profile
May 01, 2016, 05:11:48 AM
 #21

Halving dont have much effect on Minners. Its the users who gets most benefits from it, the bitcoins Users
streazight
Hero Member
*****
Offline Offline

Activity: 910
Merit: 502


View Profile
May 01, 2016, 05:31:42 AM
 #22

Halving has a big affect only bitcoin's price increasing.
Za1n
Legendary
*
Offline Offline

Activity: 1078
Merit: 1011



View Profile
May 01, 2016, 07:25:23 AM
 #23

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.
DimensionZ
Sr. Member
****
Offline Offline

Activity: 350
Merit: 251


Shit, did I leave the stove on?


View Profile
May 01, 2016, 08:11:21 AM
 #24

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.

Xapodat
Newbie
*
Offline Offline

Activity: 35
Merit: 0


View Profile
May 01, 2016, 08:30:29 AM
 #25

The big mining companies have cheaper electricity. The Chinese ones have the 0.04/kWh,  so they will survive.
Amph
Legendary
*
Offline Offline

Activity: 3248
Merit: 1070



View Profile
May 01, 2016, 09:15:54 AM
Last edit: May 01, 2016, 10:52:13 AM by Amph
 #26

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...
AGD
Legendary
*
Offline Offline

Activity: 2070
Merit: 1164


Keeper of the Private Key


View Profile
May 01, 2016, 09:47:16 AM
 #27

I am sorry to cool some of you down a little, but price adaption because of the halvening has happened already.

Bitcoin is not a bubble, it's the pin!
+++ GPG Public key FFBD756C24B54962E6A772EA1C680D74DB714D40 +++ http://pgp.mit.edu/pks/lookup?op=get&search=0x1C680D74DB714D40
Jasad
Legendary
*
Offline Offline

Activity: 1414
Merit: 1002

= jasad =


View Profile
May 01, 2016, 10:51:15 AM
 #28

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.
Brangdon
Sr. Member
****
Offline Offline

Activity: 365
Merit: 251


View Profile
May 02, 2016, 12:00:48 PM
 #29

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?

Bitcoin: 1BrangfWu2YGJ8W6xNM7u66K4YNj2mie3t Nxt: NXT-XZQ9-GRW7-7STD-ES4DB
Text
Hero Member
*****
Offline Offline

Activity: 2548
Merit: 607



View Profile
May 05, 2016, 01:42:20 PM
 #30

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...

knowhow
Hero Member
*****
Offline Offline

Activity: 560
Merit: 500


View Profile
May 05, 2016, 09:38:35 PM
 #31

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 .
GamingBro
Sr. Member
****
Offline Offline

Activity: 434
Merit: 251


View Profile
May 05, 2016, 11:56:30 PM
 #32

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.

shutter
Newbie
*
Offline Offline

Activity: 6
Merit: 0


View Profile
May 06, 2016, 01:39:29 AM
 #33

No halving wont have much effect on mining compainies
Xapodat
Newbie
*
Offline Offline

Activity: 35
Merit: 0


View Profile
May 14, 2016, 12:34:56 PM
 #34

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?
senyorito123
Hero Member
*****
Offline Offline

Activity: 1764
Merit: 505


#SWGT PRE-SALE IS LIVE


View Profile
May 14, 2016, 12:40:34 PM
 #35

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.


.SWG.io.













..Pre-Sale is LIVE at $0.15..







..Buy Now..







``█████████████████▄▄
``````▄▄▄▄▄▄▄▄▄▄▄▄████▄
````````````````````▀██▄
```▀▀▀▀``▀▀▀▀▀▀▀▀▀▀▀▄███
``````▄▄▄▄▄▄▄▄▄▄▄▄``▄███
``▄▄▄▄▄▄▄```▄▄▄▄▄``▄███
``````````````````▄██▀
```````````████████████▄
````````````````````▀▀███
`````````▀▀▀▀▀▀▀▀▀▀▀▀▄████
```▄▄▄``▄▄▄▄▄▄▄▄▄▄`````███
`▄▄▄▄▄▄▄▄▄``▄▄▄▄▄▄`````███
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀████
```````````````````▄▄████
``▀▀▀▀▀``▀▀▀▀▀▀▀▀▀█████
██``███████████████▀▀

FIRST LISTING
..CONFIRMED..






Denker
Legendary
*
Offline Offline

Activity: 1442
Merit: 1016


View Profile
May 14, 2016, 12:42:33 PM
 #36

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!
SAMKUSH
Sr. Member
****
Offline Offline

Activity: 406
Merit: 250


View Profile
May 14, 2016, 01:14:06 PM
 #37

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
JosNekoKopa
Sr. Member
****
Offline Offline

Activity: 476
Merit: 250


View Profile
May 14, 2016, 01:18:51 PM
 #38

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.
mayax
Legendary
*
Offline Offline

Activity: 1470
Merit: 1004


View Profile
May 21, 2016, 10:46:20 AM
 #39

the miners will mine Ether and others....Bitcoin will lose part of the miners in few months.
maku
Legendary
*
Offline Offline

Activity: 1288
Merit: 1000



View Profile
May 21, 2016, 11:33:49 AM
 #40

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.
Pages: « 1 [2] 3 4 »  All
  Print  
 
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!