Post
Topic
Board Mining speculation
Re: Block halving
by
Korbman
on 19/03/2015, 22:52:43 UTC
When is the next Block halving planned to come? I want to start mining so need to know how that will effect Profit.  If the rewards are halve, I guess we get 50procent less
 income. If that is the case O really wonder when it is estimated to be.

Regards

As others have pointed out, the BitcoinClock site is pretty handy. The Bitcoin Wiki should help as well: https://en.bitcoin.it/wiki/Controlled_supply

Regarding how it will affect your everyone's profits, that's an unknown, but it could be assumed that the price per coin would increase. Bitcoin Magazine had an article about the first drop written back in 2012.

The TL;DR version is that we could experience 'Supply Shock'...either it would be factored into the market price prior to the drop, or the price will increase post-halving to compensate for the reduction in income.

Looking at the BitStamp price charts from 2 months before to 2 months after the first halving , we can see an obvious increase...but that's only a fraction of the whole picture and may not completely correlate to the reward drop. There were a number of other factors leading to the price increase during that period (increased publicity, the first ASICs coming to market, etc).