Post
Topic
Board Bitcoin Discussion
Re: One thought about what can happen after the Btc Halving.
by
TalkStar
on 11/05/2020, 06:50:27 UTC
Yeah its true that bitcoin halving is going to increase pressure on miners and managing overall mining costs is definitely a big issue here. After halving if bitcoin keep holding its price towards uptrend than it will be a little relief for miners. Most important fact is miners have to cover their costs anyhow otherwise a big number of miners will shut down their rigs for sure. So during halving only bitcoin price can help them to tackle the upcoming situation.

I don’t believe that miners will take hard decision to shut down their businesses for ever but most of them will try their best to survive in a situation like this.