What price will Bitcoin miners be after Halving!?

[1day]

Sooooooo im thinking of buying myself a good ASIC miner or any Bitcoin miners at around 3-5k USD and ive been searching for a while now but my i just had a recent thought of the prices. Im aware of the halving coming in the next 100 days or so. But generally speaking since the Block Reward will be cut in half to 3.125 BTC, wouldn't it affect the price of the Bitcoin miners in general?

Im speculating either that, the price will go higher since China was making a slow comeback into the mining scene impacting the price and that the community of Bitcoin will most likely attract a lot of interest in the mining scene as the value and the ear to ear talks of Bitcoin spreads around more and more around geeks and people.

But im also wondering wouldn't the price drop and it would be a good time to buy those miners then? Since the Block reward isn't the same it would require people to get better miners to mine the same amount they use to before? Or just the fact that in general every halving we tend to have new miners made for to stay efficient as the miner diffuclty keeps rising up?

 
Let me know what you guys think i sincerely am looking forward to buy myself a miner just don't know when is the time! 

[1715253050]

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[1715253050]

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[FP91G]

You need to buy equipment when the cost of mining is approximately equal to the cost of Bitcoin on the exchange or slightly higher. When new companies open 100 megawatt data centers in all favorable locations, there is no point in buying 1 or 2 ASICs.

[BitMaxz]

Sooooooo im thinking of buying myself a good ASIC miner or any Bitcoin miners at around 3-5k USD and ive been searching for a while now but my i just had a recent thought of the prices. Im aware of the halving coming in the next 100 days or so. But generally speaking since the Block Reward will be cut in half to 3.125 BTC, wouldn't it affect the price of the Bitcoin miners in general?

I don't think it would affect the price of ASIC units after the block halving but if the value of Bitcoin increases or the profitability of that unit increases I'm sure the value of the mining units outside the manufacturer also will rise.

But im also wondering wouldn't the price drop and it would be a good time to buy those miners then?

That's not a good time to buy mining units after block halving because there is a possibility you can't find available units when the profitability of these units increases. After all, I'm sure no one will sell or Bitcoin mining units may become more expensive at that time.

Since the Block reward isn't the same it would require people to get better miners to mine the same amount they use to before? Or just the fact that in general every halving we tend to have new miners made for to stay efficient as the miner diffuclty keeps rising up?

I think it depends on the profitability of the unit if the price of bitcoin increases and you have a very cheap power cost you don't need to buy new units unless the price of bitcoin drops and profitability drops.

[Ruttoshi]

You have to buy your mining equipment after the halving if the want to be in the game because the number of bitcoin to be mined becomes half, and other miners that wants to remain on the mining business will buy new equipment that is efficient enough to be in the mining competition.

If you want to start mining after the halving, then you don't need to start waiting on when to buy mining equipment because time waits for no one, and it is business, it is good to get started immediately. This is because you don't know what will be the price of bitcoin during your waiting period. You should also know that mining needs cheap electricity, and as a new miner an equipment with efficiency less than 21 joules per tera hash will be better, and will last you in mining.

[Rruchi man]

Let me know what you guys think i sincerely am looking forward to buy myself a miner just don't know when is the time! 

Generally speaking when it comes to buying any form of equipment, electronics etc the best time to buy is always now instead of procrastinating because with every passing day there is a chance that the price of every material, equipment or electronic in the market will increase because of the general tightening economic situation in every country.

 If you want to get equipment, and you are sure, buy them now.

[FP91G]

Let me know what you guys think i sincerely am looking forward to buy myself a miner just don't know when is the time! 

Generally speaking when it comes to buying any form of equipment, electronics etc the best time to buy is always now instead of procrastinating because with every passing day there is a chance that the price of every material, equipment or electronic in the market will increase because of the general tightening economic situation in every country.

 If you want to get equipment, and you are sure, buy them now.

The best time to buy equipment was when Bitcoin was worth less than $20,000. According to the articles that I read, the cost of Bitcoin mining ranged from 7 to 20 thousand dollars before the halving, but this was on ASIC Antimner 19 series and analogues. When the price of Bitcoin is above 50,000 thousand dollars, the profits of mining companies are huge and the price of ASICs is also high.

[philipma1957]

bitmain has this unit for sale


https://shop.bitmain.com/product/detail?pid=00020240216094712908jGCXSTu10692

3,059 with coupons

comes to you in under 2 weeks.


It is likely better to get it now since you will mine a lot before the ½ ing happens

[FP91G]

And I think that Bitmain wants to sell the maximum number of ASICs before the halving. There are approximately 45 days left before the halving, and even if you manage to mine on the purchased ASIC for the remaining 30 days before the halving, it will be profitable. If the price of Bitcoin is about 50 thousand dollars, and the profit after halving decreases, then the price of ASICs should also decrease.
Before buying, I would consider what time is more profitable to buy an ASIC, if there is no big shortage now.

[serveria.com]

And I think that Bitmain wants to sell the maximum number of ASICs before the halving. There are approximately 45 days left before the halving, and even if you manage to mine on the purchased ASIC for the remaining 30 days before the halving, it will be profitable. If the price of Bitcoin is about 50 thousand dollars, and the profit after halving decreases, then the price of ASICs should also decrease.
Before buying, I would consider what time is more profitable to buy an ASIC, if there is no big shortage now.

Yes, good advice, if the timing is bad it can affect your ROI in a negative manner. But is it still profitable to run a single miner (even in a pool) at all? I don''t think so. Why don't you just spend $5k to buy Bitcoin instead? Mining difficulty will increase soon after the halving (April?) but so will the price. You can (although not guaranteed) to earn x2 to x3 off your coins in the next year or so. Then you can buy yourself some miners with your gains and play with them until the next halving.

[philipma1957]

And I think that Bitmain wants to sell the maximum number of ASICs before the halving. There are approximately 45 days left before the halving, and even if you manage to mine on the purchased ASIC for the remaining 30 days before the halving, it will be profitable. If the price of Bitcoin is about 50 thousand dollars, and the profit after halving decreases, then the price of ASICs should also decrease.
Before buying, I would consider what time is more profitable to buy an ASIC, if there is no big shortage now.

Yes, good advice, if the timing is bad it can affect your ROI in a negative manner. But is it still profitable to run a single miner (even in a pool) at all? I don''t think so. Why don't you just spend $5k to buy Bitcoin instead? Mining difficulty will increase soon after the halving (April?) but so will the price. You can (although not guaranteed) to earn x2 to x3 off your coins in the next year or so. Then you can buy yourself some miners with your gains and play with them until the next halving.

well if you get this miner

https://shop.bitmain.com/product/detail?pid=00020240216094712908jGCXSTu10692

pay 3059 after coupons.

you really should also buy  0.061 btc and hodl it

this way you hedge your play

[stompix]

bitmain has this unit for sale
https://shop.bitmain.com/product/detail?pid=00020240216094712908jGCXSTu10692
3,059 with coupons
comes to you in under 2 weeks.

Hmm , same price before/after coupon per TH/s as the S19j xp but at 19.0J/T instead of 21.5J/T
Same ready for delivery so why would you chose the s19 on economics?
Of course I don't know the build quality on them, that might be game changer!

Anyhow seems like Bitmain isn't making any serious move, it waits for the price, if it goes above 60-70k in a 2-3 months period around the halving there will be no need for them to sell gear cheaper, hype will kick in and they will empty again the warehouses.

[ItsaWhale]

Sooooooo im thinking of buying myself a good ASIC miner or any Bitcoin miners at around 3-5k USD and ive been searching for a while now but my i just had a recent thought of the prices. Im aware of the halving coming in the next 100 days or so. But generally speaking since the Block Reward will be cut in half to 3.125 BTC, wouldn't it affect the price of the Bitcoin miners in general?

Im speculating either that, the price will go higher since China was making a slow comeback into the mining scene impacting the price and that the community of Bitcoin will most likely attract a lot of interest in the mining scene as the value and the ear to ear talks of Bitcoin spreads around more and more around geeks and people.

But im also wondering wouldn't the price drop and it would be a good time to buy those miners then? Since the Block reward isn't the same it would require people to get better miners to mine the same amount they use to before? Or just the fact that in general every halving we tend to have new miners made for to stay efficient as the miner diffuclty keeps rising up?

 
Let me know what you guys think i sincerely am looking forward to buy myself a miner just don't know when is the time! 

Dont want for the perfect time as that does not exist
Its one Day or Day 1 
Buy and Start to Learn then remove the L and earn

[philipma1957]

Sooooooo im thinking of buying myself a good ASIC miner or any Bitcoin miners at around 3-5k USD and ive been searching for a while now but my i just had a recent thought of the prices. Im aware of the halving coming in the next 100 days or so. But generally speaking since the Block Reward will be cut in half to 3.125 BTC, wouldn't it affect the price of the Bitcoin miners in general?

Im speculating either that, the price will go higher since China was making a slow comeback into the mining scene impacting the price and that the community of Bitcoin will most likely attract a lot of interest in the mining scene as the value and the ear to ear talks of Bitcoin spreads around more and more around geeks and people.

But im also wondering wouldn't the price drop and it would be a good time to buy those miners then? Since the Block reward isn't the same it would require people to get better miners to mine the same amount they use to before? Or just the fact that in general every halving we tend to have new miners made for to stay efficient as the miner diffuclty keeps rising up?

 
Let me know what you guys think i sincerely am looking forward to buy myself a miner just don't know when is the time! 

Dont want for the perfect time as that does not exist
Its one Day or Day 1 
Buy and Start to Learn then remove the L and earn

yeah i would do 1 miner and buy some coin basically today.

but he needs good power to mine.

[GreenInk]

Generally speaking when it comes to buying any form of equipment, electronics etc the best time to buy is always now instead of procrastinating because with every passing day there is a chance that the price of every material, equipment or electronic in the market will increase because of the general tightening economic situation in every country.

 If you want to get equipment, and you are sure, buy them now.

If you want to start mining after the halving, then you don't need to start waiting on when to buy mining equipment because time waits for no one, and it is business, it is good to get started immediately. This is because you don't know what will be the price of bitcoin during your waiting period. You should also know that mining needs cheap electricity, and as a new miner an equipment with efficiency less than 21 joules per tera hash will be better, and will last you in mining.

These guys give you good advice.

[philipma1957]

And I think that Bitmain wants to sell the maximum number of ASICs before the halving. There are approximately 45 days left before the halving, and even if you manage to mine on the purchased ASIC for the remaining 30 days before the halving, it will be profitable. If the price of Bitcoin is about 50 thousand dollars, and the profit after halving decreases, then the price of ASICs should also decrease.
Before buying, I would consider what time is more profitable to buy an ASIC, if there is no big shortage now.

Yes, good advice, if the timing is bad it can affect your ROI in a negative manner. But is it still profitable to run a single miner (even in a pool) at all? I don''t think so. Why don't you just spend $5k to buy Bitcoin instead? Mining difficulty will increase soon after the halving (April?) but so will the price. You can (although not guaranteed) to earn x2 to x3 off your coins in the next year or so. Then you can buy yourself some miners with your gains and play with them until the next halving.

well if you get this miner

https://shop.bitmain.com/product/detail?pid=00020240216094712908jGCXSTu10692

pay 3059 after coupons.

you really should also buy  0.061 btc and hodl it

this way you hedge your play

if he did this the day I told him to do it.

he would have done well.

first off 0.061 btc was at 51k or  3111 usd it is now  4148

he would have got the miner on the 28th and mined it for 9 days earning 21 a day pre power x 9 days = 189 usd pre power

[GreenInk]

Also to the OP.

My experience over the years on alibaba and other resellers - You can always find the price of a ASIC between 3month and  6month total revenue. eg it makes $100 per month, you can find used asic for $300 - $600.

If they charging more... look elsewhere.