How halving will affect big mining companies? - page 2.

Hirose UK

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Quote from: Punk2000 on April 30, 2016, 11:16:44 AM

I mean companies like Genesis, HashFlare, Ocean, etc...

I think halving won't affect those companies. the price does, but halving doesn't.
It is the price that will affect those companies if the price goes down, and of course the miners who work in the companies.

maku

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Quote from: mayax on May 21, 2016, 05:46:20 AM

the miners will mine Ether and others....Bitcoin will lose part of the miners in few months.

I don't think that any serious bitcoin mining company, or owner of large amount of ASICS will stop just because halving.
It is much more profitable to still run their rigs than stopping and seek money elsewhere. People are overrating halving effect.

mayax

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the miners will mine Ether and others....Bitcoin will lose part of the miners in few months.

JosNekoKopa

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Soon we will have even better and faster miners and this will be equal again.
But in the future we will have much problems if price stop rising with halving of block.

SAMKUSH

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probably halving will affect big mining companies positively as miners mining bitcoins on a small scale will most likely find it less profitable and shut down leaving big mining companies as the only players for the block rewarding

Denker

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Quote from: Xapodat on May 14, 2016, 07:34:56 AM

Quote from: shutter on May 05, 2016, 08:39:29 PM

No halving wont have much effect on mining compainies

The halving will reduce the income for the mining company by 50%. Do you think that is not much effect?

Not if the price doubles from!
Then it stays the same!

senyorito123

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Quote from: Xapodat on May 14, 2016, 07:34:56 AM

Quote from: shutter on May 05, 2016, 08:39:29 PM

No halving wont have much effect on mining compainies

The halving will reduce the income for the mining company by 50%. Do you think that is not much effect?

Halving have great effect on big mining companies big part of their income will be lose because halving well decrease the supply and difriculty to mine is even harder, its getting hard time to find blocks thats why many mining hardware owner sell their equipments because its not profitable for them anymore, and thats the reason why big company accepts investors so they can sustain their company earnings.

Xapodat

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Quote from: shutter on May 05, 2016, 08:39:29 PM

No halving wont have much effect on mining compainies

The halving will reduce the income for the mining company by 50%. Do you think that is not much effect?

shutter

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No halving wont have much effect on mining compainies

GamingBro

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It will be negative for solo miners but on big mining companies will be so minor influance cause they own a lot of money and can increase hardware without losing money i think.

knowhow

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Quote from: Amph on May 01, 2016, 04:15:54 AM

it will not do much, because they have very cheap electricity, because they have already reached their roi on all equipment, because they are producing 14nm machine

and because they have still 4:1 ratio between consumption and revenue, people who really think that the mining scene will be unprofitable for the giant farms out there, after the halving, don't really know what they are talking about...

I full agree with you they had roi long time ago the most of them running into plenty proof,even with their miners being punished for the work they had roi and now its time to maximize their income ,big companies arent affected by the halving .The solo miners and the people that still has miners turned on will be the main affected as the price of energy is very different from the china rates,if bitcoin gets a better value this year around 600-700 dollars i believe it will still being profitable and maybe some old miners returns activity to get some extra income .

Text

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I think there would still effects on big mining companies when halving comes either big or small. Because the number of blocks would be divided into two. So the supply will be lessen and the demand will go higher. Well I think they are ready before it happens and they can make adjustment as well to keep their industry working...

Brangdon

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Quote from: Za1n on May 01, 2016, 02:25:23 AM

Halving won't affect the large operation miners as much as you think. It will be the smaller operators that will be hurting. The large miners are setup in places with very low cost electricity (< $0.03 KWh) rates and can ride out the halving quite nicely. It will be the medium/small operators that will eventually be forced out, thus consolidating the mining even further into the hands of those big miners you are worried about.

Care to put a number on it? It sounds like you are saying network hash power will drop. It looks to me like it dropped by 10% in Nov 2012. Will this year's drop be similar?

Jasad

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= jasad =

Quote from: Amph on May 01, 2016, 04:15:54 AM

it will not do much, because they have very cheap electricity, because they have already reached their roi on all equipment, because they are producing 14nm machine

and because they have still 4:1 ratio between consumption and revenue, people who really think that the miner will be unprofitable for te giant farms out there, after the halving, don't really know what they are talking about...

yes right,everybody agree if exchange will not get much effect from bitcoin halving,and i believe exchange have better plan to facing bitcoin halving,might just people on this forum who need more effort when halving come.

AGD

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I am sorry to cool some of you down a little, but price adaption because of the halvening has happened already.

Amph

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it will not do much, because they have very cheap electricity, because they have already reached their roi on all equipment, because they are producing 14nm machine

and because they have still 4:1 ratio between consumption and revenue, people who really think that the mining scene will be unprofitable for the giant farms out there, after the halving, don't really know what they are talking about...

Xapodat

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The big mining companies have cheaper electricity. The Chinese ones have the 0.04/kWh, so they will survive.

DimensionZ

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Shit, did I leave the stove on?

I think the cloud mining companies will readjust their price schemes in line with the new Bitcoin price. The private miners will be affected the most when the block reward is cut in half but I don't think anyone is mining Bitcoin at home any more everyone has turned to GPU farms mining alt coins. I don't know what will happen to the big Chinese Bitcoin farms though maybe they will take heavy losses or maybe not.

Za1n

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Halving won't affect the large operation miners as much as you think. It will be the smaller operators that will be hurting. The large miners are setup in places with very low cost electricity (< $0.03 KWh) rates and can ride out the halving quite nicely. It will be the medium/small operators that will eventually be forced out, thus consolidating the mining even further into the hands of those big miners you are worried about.

streazight

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Halving has a big affect only bitcoin's price increasing.

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