4 ms·
Energy requirement is constant, reward is halved. So smaller players get out and bigger players benefiting from ASICs and economy of scale will stay. Usually a
by barbarr 2y ago
Energy requirement is constant, reward is halved. So smaller players get out and bigger players benefiting from ASICs and economy of scale will stay.
Usually after these events the energy usage of the network decreases temporarily for ~60 days and then settles to what it was before. [0]
[0] https://www.cnbc.com/2024/04/19/bitcoin-just-completed-its-fourth-ever-halving-heres-what-investors-need-to-watch-now.html https://www.cnbc.com/2024/04/19/bitcoin-just-completed-its-f...
- AlienRobot 2y agoHow is it going to keep itself decentralized if the smaller players get out every time there's a halvening?
- wmf 2y agoIf you have cheap electricity and a $5,000 AntMiner you can mine profitably. I would expect the halving to push out those who have more expensive electricity, not necessarily the smallest operators.