Post
Topic
Board Bitcoin Discussion
Re: Bitcoin halving on mythical date: June 21, 2016 (midsummer!)
by
cointinflas
on 18/02/2016, 16:42:55 UTC
This is interesting. Bitcoinclock shows something else.
Quote
Reward-Drop ETA: 2016-07-13 01:07:58 UTC (20 weeks, 5 days, 13 hours, 30 minutes)
Albeit in both cases it has moved considerably since the last time that I've viewed it. If the increased production of blocks per day persists, then it is possible that we are going to see the halving in June.

An important question:

Dou you guys think that after the halving many minor mining operations are going to become unprofitable (and hence shut down their operations)?

If it's hard to profit from mining today (specially small miners) what would happen with them after the halving?

I'm concerned it could give even more power to those giant miners that already concentrate the hashing power of the world.