Will miners suffer from the bitcoin halving if the price stays at its current r?

Raimonn

legendary

Activity: 1470

Merit: 1001

It depends on many things, if prices of bitcoin increases they will not suffer. Also difference could go down if price of bitcoin don't grow. And also it will depend on electricity prices.

Amph

legendary

Activity: 3248

Merit: 1070

it depend on the diff, the diff need to be 4x what it is right now, so the miners will not be able to earn a sufficient amount to cover their cheap electricity

so this mean a 300% increase, which i doubt will happen in a7 months time frame

VirosaGITS

legendary

Activity: 1302

Merit: 1068

Quote from: coinhelper on January 01, 2016, 01:12:05 PM

As the Bitcoin price has more than doubled in the past few months. I believe that miners will not suffer from the bitcoin halving as predicted.

Is this the case? As, if the bitcoin reward halfs, it should be balanced out with the price of Bitcoin?

We will suffer, the price doubling does not mean much since the difficulty doubled as well. No matter what, our BTC earning will be halved overnight and the price will not double overnight.

So there will be a rough patch, before things normalize again.

winspiral

legendary

Activity: 1778

Merit: 1026

Free WSPU2 Token or real dollars

By principle they will not suffer ann is already in regulation because we know about the halving.

Edition:
I have wrong read...
I meant the price...
no the price will bot decrease it will even increase...but the miners will earn less...

coinhelper

member

Activity: 63

Merit: 10

As the Bitcoin price has more than doubled in the past few months. I believe that miners will not suffer from the bitcoin halving as predicted.

Is this the case? As, if the bitcoin reward halfs, it should be balanced out with the price of Bitcoin?

Topic: Will miners suffer from the bitcoin halving if the price stays at its current r? (Read 646 times)