The halving will have, approximately, the following 3 effects:
1. The Bitcoin price will go up by 26%
2. The difficulty will go down by 20%
3. The revenue per hash will go down by 20% (something which miners need to consider in the decisions they are doing now).
Of course, all 3 can also be affected by factors unrelated to the halving.
Topic: Next Halving in 2016 Mining consequences ? - page 3. (Read 5563 times)
consequences
Probably the same thing that happened last time.
grait! Probably the same thing that happened last time.
What do you think will happen in 2016 when the next halving is going to happen ?
1. Bitcoin will keep almost same price, and miners will just get half the BTC.
2. Even tho we will mine half bitcoins, bitcoin price will explode just because it's harder to mine.
Which one you belive is more probable to happen ?
1. Bitcoin will keep almost same price, and miners will just get half the BTC.
2. Even tho we will mine half bitcoins, bitcoin price will explode just because it's harder to mine.
Which one you belive is more probable to happen ?
2, only half as much miners dump their bitcoin now, so I expect bitcoin to rise a lot at least 50-100%.
That's what I remember, along with a good amount of hysteria. I was trying to find a timeline with the past halving and price.
That halving back in 2012 was the only one so far - and plotting it against price and hash rate doesn't really show it having any impact;Thanks Steve. Where did that graph come from?
It's hard to say what the halving brings. It's honestly probably priced in for the most part, but a few months after the last halving we had the first ASICs, so people sometimes associate the halving with increased price. In reality, the price had mostly stabilized around $12 at that time after having risen to $15 in August and falling some from there.
That's what I remember, along with a good amount of hysteria. I was trying to find a timeline with the past halving and price.
That halving back in 2012 was the only one so far - and plotting it against price and hash rate doesn't really show it having any impact;
The hash rate increase may have sagged a little bit, but wasn't entire out of tone.
The next halving will be in a completely different playing field.
Probably the same thing that happened last time.
'The last time' was back in November, 2012 - well before the ASIC boom, and still during a rise in mining popularity.That's what I remember, along with a good amount of hysteria. I was trying to find a timeline with the past halving and price.
Probably the same thing that happened last time.
'The last time' was back in November, 2012 - well before the ASIC boom, and still during a rise in mining popularity.This discussion's been had numerous times. I don't think anything has changed in the landscape that would change the course of the more recent of those discussions - maybe revisit if/when during the next year and a half there's cause to think different.
yes, sorry, my english is not perfect
what happened last time?
what happened last time?
consequences
Probably the same thing that happened last time.
Probably the same thing that happened last time.
What do you think will happen in 2016 when the next halving is going to happen ?
1. Bitcoin will keep almost same price, and miners will just get half the BTC.
2. Even tho we will mine half bitcoins, bitcoin price will explode just because it's harder to mine.
Which one you belive is more probable to happen ?
1. Bitcoin will keep almost same price, and miners will just get half the BTC.
2. Even tho we will mine half bitcoins, bitcoin price will explode just because it's harder to mine.
Which one you belive is more probable to happen ?
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