Topic: 232 days before bitcoin block reward halving - page 5. (Read 5799 times)
Either BTC price increase double or miner difficulty drop half (maybe 30-40%). So efficient miner continue to mine like nothing happened. Sell your old miner now before its too late.
Now is hash rate 590PH/s how many people and companies have cheap energy from it? I'm sure that less than half.
1.There is only one decent company that manufactures miners-bitmain..thats problem
2.http://rigwarz.com/ S7~ 196 days + 200 usd/eu for PSU+ any fees and price fluctuation BTC if you have 0.12 usd per kW..not many people have that price..
3.so if nothing happens in your hardware(miners) so maybe you for 240 days start the plus income....
4. and then the com block halving...
This is a very delicate balance and may be impaired very easily..
apropo me the day before yesterday because of power outages and internet, burned ANOTHER my antminer S5. But if you look in the thread where miners S5 are, you will see why and what is problem..i put there pictures and explain problems with S5 as many other people..
This is problematic piece of hardware. I've had three pieces where one blade is dead and it is only at half power. because of the same problem!!! . s3 are great s5 is piece of sh*** cost me thousands and nothing****
1.There is only one decent company that manufactures miners-bitmain..thats problem
2.http://rigwarz.com/ S7~ 196 days + 200 usd/eu for PSU+ any fees and price fluctuation BTC if you have 0.12 usd per kW..not many people have that price..
3.so if nothing happens in your hardware(miners) so maybe you for 240 days start the plus income....
4. and then the com block halving...
This is a very delicate balance and may be impaired very easily..
apropo me the day before yesterday because of power outages and internet, burned ANOTHER my antminer S5. But if you look in the thread where miners S5 are, you will see why and what is problem..i put there pictures and explain problems with S5 as many other people..
This is problematic piece of hardware. I've had three pieces where one blade is dead and it is only at half power. because of the same problem!!! . s3 are great s5 is piece of sh*** cost me thousands and nothing****
even at 0.1 electricity and the profit 0.01 for a s7, this is still 0.3($120) with a consumption of 87, which mean that they are taking profit
they have plenty of margin witht he current value of bitoin, no need to worry
Now is hash rate 590PH/s how many people and companies have cheap energy from it? I'm sure that less than half.
1.There is only one decent company that manufactures miners-bitmain..thats problem
2.http://rigwarz.com/ S7~ 196 days + 200 usd/eu for PSU+ any fees and price fluctuation BTC if you have 0.12 usd per kW..not many people have that price..
3.so if nothing happens in your hardware(miners) so maybe you for 240 days start the plus income....
4. and then the com block halving...
This is a very delicate balance and may be impaired very easily..
The Chinese probably have half than the electricity cost you mentioned. The main problem you have here is that those chinese have bought ASICs in bulk and would almost certainly have discounts given their size. All of them aren't starting mining right now, they have started more than a year ago and most would've gotten ROI from it already. 1.There is only one decent company that manufactures miners-bitmain..thats problem
2.http://rigwarz.com/ S7~ 196 days + 200 usd/eu for PSU+ any fees and price fluctuation BTC if you have 0.12 usd per kW..not many people have that price..
3.so if nothing happens in your hardware(miners) so maybe you for 240 days start the plus income....
4. and then the com block halving...
This is a very delicate balance and may be impaired very easily..
Now is hash rate 590PH/s how many people and companies have cheap energy from it? I'm sure that less than half.
1.There is only one decent company that manufactures miners-bitmain..thats problem
2.http://rigwarz.com/ S7~ 196 days + 200 usd/eu for PSU+ any fees and price fluctuation BTC if you have 0.12 usd per kW..not many people have that price..
3.so if nothing happens in your hardware(miners) so maybe you for 240 days start the plus income....
4. and then the com block halving...
This is a very delicate balance and may be impaired very easily..
apropo me the day before yesterday because of power outages and internet, burned ANOTHER my antminer S5. But if you look in the thread where miners S5 are, you will see why and what is problem..i put there pictures and explain problems with S5 as many other people..
This is problematic piece of hardware. I've had three pieces where one blade is dead and it is only at half power. because of the same problem!!! . s3 are great s5 is piece of sh*** cost me thousands and nothing****
1.There is only one decent company that manufactures miners-bitmain..thats problem
2.http://rigwarz.com/ S7~ 196 days + 200 usd/eu for PSU+ any fees and price fluctuation BTC if you have 0.12 usd per kW..not many people have that price..
3.so if nothing happens in your hardware(miners) so maybe you for 240 days start the plus income....
4. and then the com block halving...
This is a very delicate balance and may be impaired very easily..
apropo me the day before yesterday because of power outages and internet, burned ANOTHER my antminer S5. But if you look in the thread where miners S5 are, you will see why and what is problem..i put there pictures and explain problems with S5 as many other people..
This is problematic piece of hardware. I've had three pieces where one blade is dead and it is only at half power. because of the same problem!!! . s3 are great s5 is piece of sh*** cost me thousands and nothing****
What will happen? Here is what I think: SOME marginally profitable miners will shut down and you will see a small but noticeable drop in hash rate.
you will notice nothing...all is already regulated by the market
Most likely, 1-2 months before the halfing Bitcoin price will start rising, I'm guessing by 60-70% but could be off some on that easy.
At the halfing, we'll probably see a small dip on diff as folks that are paying attention realise their old mining gear has become unprofitable
After, price will start drifting back down some - though I suspect it'll stay 40-50% higher than it was 2 months before the halfing - and a slow steady low diff increase period will begin, like first half of this year but longer - then the 14/16nm "full custom" generation will start showing up causing some big diff jumps again for a bit, then back down to "slow and steady diff climb" for a few years after that.
Major news events or misestimates on timing will of course mess up the basis for this speculation.
There cannot be a small dip in the bitcoin hashrate, There has to be a large dip because many miners including the latest ones will become unprofitable for a while. At the halfing, we'll probably see a small dip on diff as folks that are paying attention realise their old mining gear has become unprofitable
After, price will start drifting back down some - though I suspect it'll stay 40-50% higher than it was 2 months before the halfing - and a slow steady low diff increase period will begin, like first half of this year but longer - then the 14/16nm "full custom" generation will start showing up causing some big diff jumps again for a bit, then back down to "slow and steady diff climb" for a few years after that.
Major news events or misestimates on timing will of course mess up the basis for this speculation.
Most likely, 1-2 months before the halfing Bitcoin price will start rising, I'm guessing by 60-70% but could be off some on that easy.
At the halfing, we'll probably see a small dip on diff as folks that are paying attention realise their old mining gear has become unprofitable
After, price will start drifting back down some - though I suspect it'll stay 40-50% higher than it was 2 months before the halfing - and a slow steady low diff increase period will begin, like first half of this year but longer - then the 14/16nm "full custom" generation will start showing up causing some big diff jumps again for a bit, then back down to "slow and steady diff climb" for a few years after that.
Major news events or misestimates on timing will of course mess up the basis for this speculation.
At the halfing, we'll probably see a small dip on diff as folks that are paying attention realise their old mining gear has become unprofitable
After, price will start drifting back down some - though I suspect it'll stay 40-50% higher than it was 2 months before the halfing - and a slow steady low diff increase period will begin, like first half of this year but longer - then the 14/16nm "full custom" generation will start showing up causing some big diff jumps again for a bit, then back down to "slow and steady diff climb" for a few years after that.
Major news events or misestimates on timing will of course mess up the basis for this speculation.
What will happen? Here is what I think: SOME marginally profitable miners will shut down and you will see a small but noticeable drop in hash rate.
you will notice nothing...all is already regulated by the market
What will happen? Here is what I think: SOME marginally profitable miners will shut down and you will see a small but noticeable drop in hash rate.
you will notice nothing...all is already regulated by the market
Do people realize that block reward halving was something intended? It was created for a reason, if it was bad it wouldn't have been made. What happened to litecoin when the block reward was halved? Nothing, really abolutely nothing.
Many people don't realize this. If the block halving does not happen there will be no difference between bitcoin and fiat. 
What will happen? Here is what I think: SOME marginally profitable miners will shut down and you will see a small but noticeable drop in hash rate.
Nothing immediate will happen to the price because the event has already been priced in.
Nothing immediate will happen to the price because the event has already been priced in.
Do people realize that block reward halving was something intended? It was created for a reason, if it was bad it wouldn't have been made. What happened to litecoin when the block reward was halved? Nothing, really abolutely nothing.
In the last block halving the price only went up. I am expecting to see a similar pattern this halving.
I am thinking the same thing.
I don't see why people are so afraid of bitcoin dying
It's not going to.
In the last block halving the price only went up. I am expecting to see a similar pattern this halving.
I used the wrong word: I wanted to say that we know halvings are part of the game, a necessary part of the bitcoin creation process. That was the sense: I'm sorry, reading it now did not make much sense that word.
I think it's just another signpost, an indicator that bitcoin is going strong and it has come a long way and has maintained it's popularity if not gained more. What I think will happen is the price might go slightly up as the demand remains the same and supply cuts in half but one thing that worries me is that mining will become more expensive since each block will contain half the quantity of what they had before and it might make mining more centralized from what it already is.
We will see the creation of btc going down, that's what the halving is about: BTC is not going to die because of this. IT was conisdered as a part of the plan, we know the halvings are necessary, don't worry too much about them. Miners will keep on mining.
hi Karartma1 .
what do you mean with "necessary"
We will see the creation of btc going down, that's what the halving is about: BTC is not going to die because of this. IT was conisdered as a part of the plan, we know the halvings are necessary, don't worry too much about them. Miners will keep on mining.
OP; The block halving will work out very well. Nothing bad will happen, don't worry. This is what gives more value to Bitcoin as currency. Worthless fiat currencies only get more worthless year after year as the governments are creating non existing money like there is no tomorrow. Bitcoin is supposed to bring a change, and that is what the halving will take care of. No more worthless creation of currency.
machines just get faster and faster... once it halves the price will go up and the asic lords will find a way to get 2x the speed to make
up for it lol.
up for it lol.
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