so pretty much the miners are the ones taking the hit with halving? Now it takes double the time on average seeing the reward is half for cracking it?
I would assume that the price may drop for a bit but then we need some non mining news or huge rush of new bitcoiners to drive the price back to 1200 once a gain
Until recently the price of a bitcoin was half of what it is now. Miners mining back then with a profit are still profitable with half the reward but a doubled price.