What will halving bring for the crypto investors?Expert opinion
Currently many experts and gurus in crypto business are discussing what halving can bring and how destructive it can be for the crypro community.
We believe that halving may bring much more benefits than it may seem to be at the first glance.
So what is halving? In simple words it is the cut of the mining reward in half, which happens every 210000 blocks.
If we trace the history back we will see that the reward first went from 50 BTC to 25 BTC, than to 12.5 BTC where it is still today.
So in May 2020 it is expected to be cut to 6.25 BTC. This will lead to the fact that the operations of Bitcoin will be more efficient, the payment for operations will be cheaper and it will lead to increase of demand and mass adoption of Bitcoin worldwide.
What will be the main consequences? Many miners will turn off their obsolete mining equipment as it will no longer be profitable for them to mine.
Obsolete equipment – the one that mines less than required to cover its electricity consumption. So Bitmain Antminer S9 will fall under this condition; according to the statistics about 80% of the mining equipment currently operating in the crypto market is Bitmain Antminer S9.
As soon as 80% of the mining equipment will be switched off and we believe it will take about 2-3 weeks after halving, the mining difficulty will also fall significantly, which will lead to the growth of mining profitability for any new models of mining equipment (30+TH with a better energy consumption).
So the profitability of the new mining equipment will rise and it will lead to the significant increase of its price.
So today seems to be the best time for investment into a
NEW and
POWERFUL mining equipment such as a Bitmain Antminer T17 with 38-40 TH and stronger which will easily mine enough not only to cover its expenses and to do a good profit
Moreover the profitability will lead the price of devices UP, so to those who succeeded to buy those miners at the good price will be able to enjoy the price increase in case of resale
See the graphs of ROI expected with different BTC exchange rates.
x of initial investment - cost of equipment. The higher it is the longer it takes to get your ROI.
Current cost of T17 is around 1350 USD. In the future it may cost 3000 USD and more, as it happened with S9 at the time of mining hype of 2017.
The previous two halvings shown the growth of Bitcoin price right after it. So the same is expected in 2020.
Moreover we expect a decrease of difficulty for around 60% after S9 miners will be switched off.
Which will balance the profit during mining even without BTC price increase.Let’s have a look at several forecasts – with BTC increase and without it.
The current difficulty is 1,28768E+13 (at the time of article writing). Difficulty after halving is expected to be around 5,15074E+12 (
60% less). Thus the mining earning is expected to be around 0,00002441 btc per 1 TH/24h. Thus with different BTC exchange rates we could expect the following pictures:
Foreseeing this in the nearest future ECOS has launched a new service: you can easily and quickly purchase a device (Antminer T17, Antminer S17) on-line (right from ECOS warehouse: no need to wait for shipping and customs clearance), pay for it and the next day the device will be co-located on ECOS hosting and will start bringing Bitcoins right to your personal account. Only till the end of January the special offer – 1299 USD with one month of hosting for free!!
ECOS datacenter is situated in Armenia, in the Free Economic Zone, which was established by the Armenian Government and is thus absolutely reliable, legal and secure.
You can read more details about the service
HERE We find the mining BTC investment today is the most promising nowadays. The results are guaranteed by technology and not by any other parties.
The main point here is to select the right moment to enter the market at the lowest indicators possible.
So are you ready to do it today …?)
