Sooooooo im thinking of buying myself a good ASIC miner or any Bitcoin miners at around 3-5k USD and ive been searching for a while now but my i just had a recent thought of the prices. Im aware of the halving coming in the next 100 days or so. But generally speaking since the Block Reward will be cut in half to 3.125 BTC, wouldn't it affect the price of the Bitcoin miners in general?
Im speculating either that, the price will go higher since China was making a slow comeback into the mining scene impacting the price and that the community of Bitcoin will most likely attract a lot of interest in the mining scene as the value and the ear to ear talks of Bitcoin spreads around more and more around geeks and people.
But im also wondering wouldn't the price drop and it would be a good time to buy those miners then? Since the Block reward isn't the same it would require people to get better miners to mine the same amount they use to before? Or just the fact that in general every halving we tend to have new miners made for to stay efficient as the miner diffuclty keeps rising up?
Let me know what you guys think i sincerely am looking forward to buy myself a miner just don't know when is the time!
Im speculating either that, the price will go higher since China was making a slow comeback into the mining scene impacting the price and that the community of Bitcoin will most likely attract a lot of interest in the mining scene as the value and the ear to ear talks of Bitcoin spreads around more and more around geeks and people.
But im also wondering wouldn't the price drop and it would be a good time to buy those miners then? Since the Block reward isn't the same it would require people to get better miners to mine the same amount they use to before? Or just the fact that in general every halving we tend to have new miners made for to stay efficient as the miner diffuclty keeps rising up?
Let me know what you guys think i sincerely am looking forward to buy myself a miner just don't know when is the time!