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.
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.
We can't tell until when they will continue to operate. If they mine other coins like ethereum maybe they will continue even after halving. But i think cloud-mining companies are not safe even if they are already operating for a long time. They don't have a real proof how or where they mine their coins. It is easy to say they mine this and here is there location but we can't tell if it's true.
It's only my opinion about cloud-mining sites so don't be afraid about losing your money. Just always think positive.
