Quote from: 0bit on Today at 03:08:43 AM

What are your thoughts on the upcoming halving and how it will affect mining? Seems to me that the general sense around here and the broader Bitcoin community is that profits are already so thin that a lot of people are going to be switching off their miners after the halving occurs. Do you think that the halving is going to have a major affect on network power? Do you think that the price of Bitcoin will rise enough to keep mining profitable?

Discuss...

There's a lot of these posts already floating around the forum, with 25 days to go miners that have old equipment and expensive power (more than $0.05 kWh) will not be profitable any more. The miners with newer efficient equipment with cheap to almost free power will continue to be profitable. Here's an article that goes into a great amount of detail about the "halving" https://www.blockwaresolutions.com/research-and-publications/2020-halving-analysis