Quote from: casperBGD on March 30, 2020, 07:27:49 PM

Quote from: Digitalized on March 30, 2020, 03:19:31 PM

Does Coronavirus impact Bitcoin halving & future?

Bitcoin halving needs new mining equipment every time; because once a Bitcoin halving takes place, the existing equipment becomes inefficient for mining. Mining farms then replace the old equipment to be on par with the new algorithm challenges.

corona virus is influencing all parts of our lives, so it will influence Bitcoin halving, as well, hash rate is slowing down, and that will influence price, but how long that will last is the main question here

Buying new mining equipment every 4 years would make BTC mining totally unprofitable,therefore pointless.
I don't think that there's a direct correlation between the hash rate and the Bitcoin price.
The lockdowns won't affect the BTC mining facilities,unless some stupid government bureaucrats decide something else.Many factories are closing down due to the recession,the global demand for electricity might go down,so the electricity prices might go down,which is good for Bitcon mining.