Topic: How halving will affect big mining companies? - page 3. (Read 2533 times)

Halving dont have much effect on Minners. Its the users who gets most benefits from it, the bitcoins Users

if Bitcoin rose they will continue their operation else if bitcoin drops they gonna surely exit. I think they will probably dump their some coins before halvening to avoid risk.

Halving would never affect big mining companies, as they have a minimum mining compared to small scale miners. Only impacts can be experienced if the price goes very low than the expected increase on halving.

I think many mining companies that sell ghs already prevented this, and that is why they sold the ghs instead of just mining bitcoin for themselves...

The last time there was a halving, it triggered a rush towards ASICs in order for the miners to get more efficient at hashing. And it helped that it co-incided with BTC going mainstream, raising the price.

Not sure if this time they will be able to improve hashing efficiency enough to offset the reduction in revenue.

many mining companies will shut down their biz in few months. it's like the BTC price would be 200 USD. imagine a bitcoin mining company who owns/rent a huge warehouse; huge bills too

i think it will cause nothing, it can increase the rate but with a very low rate, i thing it is good if you have abig amount of money

cloud hosting mining pools (dont own rigs just work as agents for miners vs rentees) can simple move their fee from 1% to 2% and still get the same income.

mining rig production pools (that are both making the rigs and also running a pool) are already way more profitable then other pools in the western world. they will continue and can easily out-wait other pools even if the market price remained stagnant.

non rig production pools (they buy rigs from other companies, get them shipped and run them later) these companies have more expense not only paying western prices for facilities and electric. but also premium retail prices of the rigs (compared to cost price 'mining rig production pools' gets them at) they are going to be the first to fall down. because even if they are making a loss they can never out pace or compete against 'mining rig production pools'

that said the market price will/should increase to compensate, and thus a few of the third category will survive. but if anyone rebutts to say the price has already moved up. that is a foolish notion. because pools have gotten used to a $400+ baseline by now($10k+/block reward). so they will expect more rises (upto$800+) to keep above the $10k/block income level. rather than an effective drop due to the halving

they can also approach in another way... just wait to sell and sell only a portion of coins....

Well, that actually depends on what will happen to bitcoin...

If the price rise as expected, then no problem. the companies will adjust the payment with the new reward per block.
The problem is, what if the price dumps? even for just a few weeks. They will probably close the services.

Who is that we? I don`t pay electricity and mining equipment. I`m a gambler so for me price is not so important as long is it high. For now I adjust my bets on dollars so I  play 10 $ tournament now ( 20 + mbtc) and always doesn`t matter if its 10 mbtc or 30 mbtc it will be 10 dollars for me. But miners need to pay expenses with their bitcoins. So If price not rise it will affect them most I think.

I think if they basis is $$$ the profit in that site would be smaller than the original profit daily. Like in Hashocean i have 35kh/s my daily profit is $0.12 per day if the price will rise the daily profit is same at $0.12 same equivalent of bitcoin in the current price of bitcoin. But not 0.00027 i think if the price of bitcoin will double my daily profit would be 0.000135.

I think exchange will not get a big affect of bitcoin halving,they companis who have good funds,maybe the most affected from bitcoin halving is we are,we have to worry about price

The block reward after the halving will be 50% which means that if the bitcoin price increases for +50% then the situation will be like it is now but if anything else happens then they will decrease the payment to their users.

The Cloud mining services are not making money on the Bitcoin price, they make money from the stupid people who buy hashing power at a premium price. The real miners will sell at a higher price to

make up for their possible losses. The Halving in theory should bump the price a little, if coins were not stockpiled and people will have to pay a higher fee for these coins. The smaller guys, who has not

stockpiled coins and who has to pay bills with the coins they mine, will suffer the most.. and they will eventually have to exit the scene.

It ain't gonna be pretty, OP, won't lie...

Halving will affect the miners. Miners will be harder to earn bitcoin than usual.

If the miners having a hard time, they tend to find another job. The big companies will surely get weakened.

The halving affects big mining companies like it does every other miner, they now have their Bitcoin revenue literally halved, and they either adjust their selling cost to make up for the change in revenue, or they start operating at a loss until they eventually shut down.

For all we know miners have been making $200/Bitcoin they earn, and it only cost them something like $200 to make a Bitcoin before. This could lead to there being no change when the halving rolls around, assuming that is what is happening.

i think the mining companies would still be making profit but at a much smaller rate. the cloudmining companies however would probably always lose money so im curious to see what would happen to those.

for company like you mention, will not be any change, i mean that they will simply adapt his cost of his products to the current bitcoin price, thats all, the problem start when the user decide if the prices are good for him or not but in general bitcoin price will raise and things will be "like now"