Quote from: DoublerHunter on June 20, 2016, 06:55:18 AM

Quote from: anthonycamp on June 15, 2016, 02:05:56 PM

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.

It's depend to them if they will shutdown their mining rigs but i think that they will continue mining bitcoin or other cryptocurrency because if they find out that the bitcoin is no more profitable in mining they will find another one to sustain their users.

in my opinion bitcoin cloud mining websites dont depend on anything, to be honest i think that they most of them are just scams that sooner or later go bust

in my opinion you should never invest into any cloud mining wwebsites as they might easily turn to a scam and make you lose all your money, i would definitely never do that