This is why a lot of people refer to this as a incompleted experiment. We think some miners will have to stop mining, because their margins for profit will decline. When they leave the difficulty should decline and other people might start their rigs, because they might afford it at the lower difficulty.
We also hope transactions will increase and the miner's fee will increase to make up for the halving of the miner's rewards. It is too early to tell, but it will have a significant impact on mining farms operating on thin margins. You can help with this with support on the adoption and spreading the word. ^smile^
Topic: + Difficulty + Halving – Miners = ¿…? - page 2. (Read 1356 times)
#1 is not quite correct. The difficulty depends on the amount of mining, and it can go up or down. It usually increases, but it has also decreased in the past.
When the block reward subsidy halves, the most inefficient miners will stop mining. As a result, the difficulty will drop and the more efficient miners that remain will continue to make a profit.
When the block reward subsidy halves, the most inefficient miners will stop mining. As a result, the difficulty will drop and the more efficient miners that remain will continue to make a profit.
I’m a newbie and have a question:
1) If the difficulty increases exponentially.
2) If in the coming months "halving" will reduce to half the miner's reward.
3) If the projections of various spreadsheets indicate that it is not currently profitable mining.
How will continue to operate the system?
Almost every user on this forum asking themselves the very same question mate. I believe there is no one who can actually give you an accurate answer. I personally think that bitcoin is strong enough for this challenge. I am not saying it will be easy but it will all be fine.
Miners aren't forced to run their operations, so in the end only the strong ones will survive.
I’m a newbie and have a question:
1) If the difficulty increases exponentially.
2) If in the coming months "halving" will reduce to half the miner's reward.
3) If the projections of various spreadsheets indicate that it is not currently profitable mining.
How will continue to operate the system?
Almost every user on this forum asking themselves the very same question mate. I believe there is no one who can actually give you an accurate answer. I personally think that bitcoin is strong enough for this challenge. I am not saying it will be easy but it will all be fine.
I’m a newbie and have a question:
1) If the difficulty increases exponentially.
2) If in the coming months "halving" will reduce to half the miner's reward.
3) If the projections of various spreadsheets indicate that it is not currently profitable mining.
How will continue to operate the system?
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