Since Miners rewards is being cut half during the halving, do they still continue in the number they were before the halving?
Fees are crazy high right now ; just after halving we had some blocks with multiple
BTC from fees. So for now most miners aren't at a loss - if they weren't before halving of course.
Of course when Ordinals shit will slow down, we can expect many small/medium range ASIC farms to switch off, but the said ASICs will be sold and used somewhere else in better conditions to be profitable again.
If you want to monitor the global movements of the total network hashrate estimation, you can check it on mempool easily:
https://mempool.ninja/graphs/mining/hashrate-difficultyYou can also check the following topic :
https://bitcointalksearch.org/topic/m.63968390Thanks for your explanations and the links are helpful.
Halving is a recurring event with predictable results, so all mining farms make their plans and have a vision of what will happen. Therefore, halving does not affect miners as much as prices affect them, as very low Bitcoin prices are harmful to miners and the unexpected legal legislation, as 30% tax that is being discussed.
I thought the price will not affect miners since they are getting fixed rewards from the halving, or is it that if the price of Bitcoin reduces the transactions fees reduces as well?
@OP if the miners didn't continue, it means every transactions won't be completed and Bitcoin price will stuck without any change because there's no transaction will be confirmed. To know if the miner still exist or not check mempool.space, click the latest unconfirmed block, if the transaction didn't move, it means all the miners are stop.
I assume that it is impossible for all miners to stop mining at the same time without a cause except if there by any complications in the mempool which is rare.
...Since Miners rewards is being cut half during the halving, do they still continue in the number they were before the halving?
As for the record theirs no mining pool who stop operating since the last halving as for the individual miners and pool participants, there's no record about that so we can't tell.
Does it means that all miners must belong to a mining pool?