Post
Topic
Board Mining speculation
Re: what will happen in 37 weeks when bitcoin halves again
by
philipma1957
on 12/11/2015, 15:16:24 UTC
The same thing that happened last halving, nothing special, business as usual...

Did mining profits decrease?

Yes, they went from 50 BTC per block to 25 BTC per block.

LOL, that much I knew. I guess I should have asked the question differently.

How did miners compensate for the halving?

Well back when it happened there were no asic's    and the price stumbled  we had a - diff or two.

Then avalon came out with the first asic  and we had 2 spikes  in price.

The march april 2013 spike  ..  I made more money then I did from aug 2012 to feb 2013.

My guess is we ramp up in price to the 350-500 level  vs the older 230 level. 

Home mining will never die simply because of heating value during the winter.

I have a few winter locations that use electrical heaters like this

http://www.sylvane.com/delonghi-comfortemp-radiator.html?s_cid=cse_bingshopping

so how is this not a perfect place for an s-3 or two?