Just a thought,
After bitcoin halving , the block reward will be reduced to half. So the profit will be decreased by 50% for miners.
Right?
Then what about the mining companies like hashocean? Will they shutdown?
Replies are welcome.
Ps: Correct me if I'm wrong on any thought.
Some of them,,but there is still some legit ones.. cloud mining shutsdowns because of one thing ,and that is halving.
So it is better not join in a cloud mining rightnow,,it is only safe to join when halving ends.