How will the Halving affect the miners? According to the laws of demand and supply, the scarcity of the Bitcoin supply will lead to an increase in Bitcoin demand, leading to a rise in prices. Is this only in theory though?
This is not a theory. Logically speaking, this should what's about to happen but as they say, we can't be sure if the same cycle shall happen when halving comes. We don't know what's in the mind of the miners, they play an important role and let's just wait until it comes and remain positive.
This is what I got from an article on the Bitcoin Halving and its theoretical effects:
https://elitemininginc.com/2020/02/what-is-the-bitcoin-halvingBut I think miners can't afford to proceed on just speculation. Or is that exactly what is going to happen? Seems we are entering the bear market again and we are only a few months away from the Halving
We have no idea until we get there, all are speculating unless we finally see the exact moment after the halving. But I'm very much positive just like what happened in the past but we can't compare it there and it's not the exact proportion of the situation.