Now all of us know
What is most important here,
In WO thread. Boobs!
So even if a miner is hardcore Bitcoiner, they won't be able to mine if power costs raises and no price increase. we have a couple of months before the halving event. We may see price hikes after the halving event. Before the event, miners still get 6.25 per block and profitability will remain the same as phill described. But, let's say the halving event split the block reward but the BTC price did not double, the profitability may split as well. The question is, how many miners will continue mining without profit? After all, everyone is looking for profit.
Recently, in the news, there is information all the time that miners are actively purchasing new energy-efficient equipment, that they are entering into contracts with large hydroelectric power plants with an excess of produced electricity, and that they are building new power plants for mining. I think, as usual, the market will simply be redistributed: those who managed to find opportunities to be more competitive will survive, and the rest will be forced to do something else.
Bulls and bears take turns,
Halving is transitory,
Mining forever!