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.
no because they are producing new asic generation with double the efficiency which will shut down the halving profit reduction
16 nm are on the way
I'm concerned it could give even more power to those giant miners that already concentrate the hashing power of the world.
That's not really how the system works. There are no "giant miners", at least not from what we can see from our own perspective. You are talking about the major pools that are currently running the network. A pool is made out of a lot of miners. This is the current
distribution of hashrate among the pools right now. I don't see a reason for which there would be any significant changes to the distribution due to the halving. Mining is already somewhat centralized.
wrong, giant mienrs are a reality there are huge farm out there that alone are sitting on 50-100+ peta, that is 10% of the total hash, if this is not a giant miner than i dunno what it is