Will many miners have to stop mining at the end of the month?

[Xialla]

Bitcoin mining will be very difficult now for some time. Increase the difficullty constantly then it gets even worse and harder. Electricity price on the rise its a bad time to mine. Many big mine farms will take the lead. When you can mine alone is over now it has to be together or you must have much money.

Ryan, thanks a lot for your valuable input. I honestly hope, that it will be counted as regular post and paid as well, because I never read before such valuable and deep analysis. post more like this, please.

[tomcat2]

btc price took a dive today, interesting times ahead.

[arseaboy]

miners will think now if they will continue or stop for a while btc price already been down. the cost of mining can't be sustain by the current value.

[tmfp]

Bitcoin mining will be very difficult now for some time. Increase the difficullty constantly then it gets even worse and harder. Electricity price on the rise its a bad time to mine. Many big mine farms will take the lead. When you can mine alone is over now it has to be together or you must have much money.

Ryan, thanks a lot for your valuable input. I honestly hope, that it will be counted as regular post and paid as well, because I never read before such valuable and deep analysis. post more like this, please.

Lol, just put all Yobit sig carriers on ignore my friend...

[unsoindovo]

As mentioned above  minors may not stop mining , because earlier bitcoin was around $200 , but no wit is around $650 ,which is still profitable compared old record

you're forgetting a key variable.
difficulty.
your argument works if in next difficulty adjust, we will see it, fall down

[Gahs]

Is it possible for the bitcoin difficulty to reduce? I thought difficulty always increases after each halving.

Pool miners will continue mining no matter what.

[secone]

I think so, when halving the number of reward blocks declined, and then bitcoin prices also declined. This makes the miners go bankrupt and not profitable at all, even if imposed they will experience a larger utility bills. so there is no other choice but to stop. but may alternatively, they could try to mine altcoin.

[European Central Bank]

Is it possible for the bitcoin difficulty to reduce? I thought difficulty always increases after each halving.

Pool miners will continue mining no matter what.

of course it is. there've been plenty of times when difficulty has fallen. it's not related to the halving, the same amount of coins arrive no matter what the difficulty is. the mining algorithm is designed to be flexible and responsive.

and whether someone continues to mine depends on their circumstances. some miners take the long view, others might not survive a few weeks in the red.