Quote from: Yamane_Keto on Today at 07:09:58 AM

Quote from: bulkcheap_service on September 30, 2023, 06:40:35 AM

miners do stand to benefit from Bitcoin's long-term potential, but the immediate impact of the halving on their income can be challenging. Preparing for the halving involves a combination of financial planning, risk management, and a clear understanding of their own financial goals and operational costs.

They actually make a profit. It is true that the amount varies depending on the company, electricity, expenses, and the nature of the loans, but in the end the average block mining costs are less than the price of bitcoin, and these companies do not base their profit and loss calculations on the future price of Bitcoin, especially since we may be talking about waiting for several years before price of Bitcoin actually begins to move. i.e, since the beginning of the year, we have been below $30,000.

At a price of 30,000 dollars, mining will be profitable, and the profit in mining will be much greater than in other areas of the business, unless the price of Bitcoin suddenly falls to 20,000 dollars. After the halving, large miners will be forced to update their equipment fleet in order to earn profit for the next 4 years.