Post
Topic
Board Economics
Re: Are the cloud mining sites to go scam?
by
bob123
on 18/06/2016, 11:08:24 UTC
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.

Since BTC price is rising profit wont be decreased by 50%.
More like 10-25%