A lot of people are saying that if the price doesn't go up before the end of the month that many people will not be able to pay their electric bill because of the Bitcoin halving. Just wondering what you guys think about this.
nobody is saying that except those who want to spread FUD about bitcoin and cause panic in the market to buy cheaper coins for themselves.
miners are earning a lot more than they need to make profit. for the most part of last year (Jan-Oct 2015) miners were receiving 25
BTC for each block they mined which was (*$220=) 5,500
http://bitcoincharts.com/charts/bitstampUSD#rg730zczsg2015-01-01zeg2015-10-31ztgSzm1g10zm2g25zvand now they are receiving 12.5
BTC which is worth (*670=) 8,375