What will happen to bitcoin mining after division?

[Yunusalemu 0]

On 3/19/2020 at 10:30 PM, Crypto123 said:

Thank you my friend, yes right Halving process is to reduce mining rewards in half as miners get 12.5 BTC when finding blocks and after Halving on May 12 it will become only 6.25 BTC. As a result, bitcoin will decrease and this is expected to increase prices.

why would this halving occur?

is this as a result of transactions chargers or some new regulations attached to minning, I and isn't taking fifty percent of this such a very huge amount to demand for...? 

[Babubu609 0]

On 12/3/2019 at 8:52 AM, Afrizal rahman said:

Maybe sharing bitcoin for free is a simple way. but we must work too before enjoying the results. yes i understand that.

You can't give out Bitcoin just like that there most be a reason like you gonna earn some thing more than that you give

[Yunusalemu 0]

These has really created its own impact in the minning activities of bitcoin especially, so also som other crypto currencies have also witnessed abhuge fall in their prices value, I what do you guys thing about using this opportunity to aquire more coins and which coin willbbe best to buy now.? 

[Crypto123 0]

On 3/21/2020 at 3:41 PM, apealing said:

properly you cannot be so positive what is going to happen to bitcoin mining after division,it is a complex question,however in terms of mining one must use very effective snap shots card it's going to assist you to make more earnings.

In fact, nobody knows exactly what will happen after Halving Bitcoin, if prices do not rise, it is possible that a large number of their work mines will be abandoned and this will greatly affect the Bitcoin network. The decline seen in the markets today gives us a miniature model.

[Cammer 4609]

On 12/3/2019 at 7:53 AM, Crypto123 said:

What will happen to bitcoin mining after Halving?
We know that the current bonus for finding one bitcoin block is 12.5 Bitcoin and after the split the bonus will be 6.25 Bitcoin which means the reward from Bitcoin mining is very low. This is in addition to the increasing difficulty of mining and thus the time required to find a bitcoin block.
How do you think this will affect bitcoin mining? Will it keep minerals away from bitcoin mining in other currencies? What are the expected scenarios after the Halving?

I think that mining becomes more difficult with every Bitcoin halve. But on the bright side, Bitcoin price will get higher after dividing. 

[Ms.o 3322]

As the reduction are about to happen,i think many ineffecient or small miners will be wiped out. And as the reward are lessen,selling hype is not as it used to be before so price can go up.

[Honny143 13612]

In 2020 bitcoin halving is soon now every block produce 12.50 bitcoins, but bitcoin after every block produce 6.25 bitcoin, its effects so many thinks, first produce cost increase so obvesly bitcoin prices increase, because demand and supply, so prices also double last bitcoin halving we see butcoin hit 20000$ dollars, once again prepare to see this prices in soon.

[Crypto123 0]

33 minutes ago, Honny143 said:

In 2020 bitcoin halving is soon now every block produce 12.50 bitcoins, but bitcoin after every block produce 6.25 bitcoin, its effects so many thinks, first produce cost increase so obvesly bitcoin prices increase, because demand and supply, so prices also double last bitcoin halving we see butcoin hit 20000$ dollars, once again prepare to see this prices in soon.

We all hope to see these prices again. Rather, expectations are that the price of bitcoin will reach more than $ 20,000 after halving. Reducing mining rewards will inevitably lead to a decrease in the amount of bitcoin produced and this will lead to an increase in demand and an increase in price.

[deepown 0]

If after division a bull run does not come it would be bad for all miners, maybe they will quit.

[tienda 8776]

I think now with times will be very hard and difficult to mine, because will be expensive to do that, because also the Bitcoin value will grow more, so the things to mine also will change will be expensive.

[Crypto123 0]

18 hours ago, Jay8 said:

the supply difficulty of the bitcoin increases, this would in turn increase he price of the bitcoins. the miners will start earning 6.25 btc from a completed block

Yes, mining will become much more expensive than the return on profit, and therefore it will be a loser. But if the price rises dramatically, this will make the profit cover the costs and there will be good profits.

[Babubu609 0]

On 2/3/2020 at 1:20 PM, laska smrtici said:

Yes, good things will happen after the Bitcoin split, and the Bitcoin price will increase significantly, and this is what everyone hopes will happen

mining becomes extra tough and so will the reward break up, and this will make the charge of bitcoin growth drastically and increase its value.

[Shaza Ahmad 1682]

Everyone expected the Bitcoin price to rise due to its increasing scarcity, but the market seems to have changed a lot due to the current crisis, and this rise needs a long time.

[Crypto123 0]

1 hour ago, Shaza Ahmad said:

Everyone expected the Bitcoin price to rise due to its increasing scarcity, but the market seems to have changed a lot due to the current crisis, and this rise needs a long time.

The decline in prices in the market at the moment is an accident due to the Corona virus, but what we are talking about here is another thing related to Halving Bitcoin as the number of Bitcoin from mining will decrease and thus the demand increases and prices rise.

[CryptoMaxim 3829]

This will probably depend on the decision of the miners and the price. I think that few miners will refuse to mine. All miners will remain. Perhaps a small percentage of miners will leave mining.

[Trader21 1199]

After the division price of BTC will get up and be better than right now. But about mining l think cause of corona it will also influence very badly. 

[Thekingcallme 1975]

Mining will continue as normal, but it will become more difficult and the bonus percentage will decrease. This will make Bitcoin increase in order for the miners' enthusiasm to continue mining.

[Crypto123 0]

1 hour ago, MaksS said:

I believe that nothing will change, except, possibly, the price of bitcoins (I hope) that miners, especially Chinese, will continue to mine for small rewards, and I believe that the mining power / hashing power will not decrease at all, but it will remain the same

hashing power will not decrease at all, in one case, that miners remain in their work, but if the prices drop and the bonuses become not covering the expenses and this situation continues long then what will make the miners stay in their work with the continuing loss?

[Amir Vao 341]

On 12/3/2019 at 11:53 AM, Crypto123 said:

What will happen to bitcoin mining after Halving?
We know that the current bonus for finding one bitcoin block is 12.5 Bitcoin and after the split the bonus will be 6.25 Bitcoin which means the reward from Bitcoin mining is very low. This is in addition to the increasing difficulty of mining and thus the time required to find a bitcoin block.
How do you think this will affect bitcoin mining? Will it keep minerals away from bitcoin mining in other currencies? What are the expected scenarios after the Halving?

This happen after the halving of bitcoin. Mining reward reduce to half in every halving. And it will make impact on bitcoin price that it's price will rise up.

[Rezort 846]

Well, the bitcoin price will be higher as it was every other halving, so the mining would be alright and still going until every bitcoin is mined and then something new would come.

[BrolySSJ 7899]

The number of bitcoin that can be mined will be halved and as a result this will result in a smaller profit margin when it comes to mining bitcoin and it order to account for this the price of mining contracts will be increased accordingly. This will result in a lower amount of bitcoin being introduced into the supply everyday, but i think that it is important to note that the price is likely to go up of bitcoin, which could allow for mining to hold its profitability.

[Crypto123 0]

1 hour ago, Jay8 said:

the only way to compensate the miners who are working will be the price to increase so that what they get as reward is same value or more than what they earned before

Yes, this is the best solution. When bitcoin prices rise, there will be no problem in the first place. On the contrary, perhaps new miners will enter mining. Bitcoin's rise solves the problem, but on the other hand, its low price will not only be a problem for miners, but also a risk to the entire Bitcoin network.

[pablomarwan 3082]

This division, which takes place every four years, has a tendency on the price of the currency to make its value rise. At this rate, I think that most miners will leave this work, but it does not seem that they are saving. They leave this area like this, if they have capital to start. Also, besides the difficulty of mining, mining machinery can develop, and this will become easy mining, although it will become more expensive.

[Whited35 15285]

Bitcoin halving will be generally conducted to  create the steady supplies of Bitcoin in the cryptocurrency markets. Each Bitcoin block rewards will be splited which means , it creates the difficulties in mining so that Bitcoin may not badly suffered from the inflation in the future. 

[Michael0606 861]

It is obvious that mining will become more complicated since it will be much more difficult to solve a block, due to its low commission of profit already reduced by half, the positive of this is that inflation will go down and prices will rise including bitcoin.