9th July 2016 is the day where Bitcoin get it second halving. The first halving occur on 2012 where 50 Bitcoin per block found has been slash to half seeing new block found given a 25 Bitcoin per block.
Now the 25 Bitcoin per block will be halved again to reflect 12.5 Bitcoin per block. Based on this and the difficulties of Bitcoin algorithm, this will bring lower income to Bitcoin Miner. I'm not sure does Bitcoin Miner could absorb this when the cost ti mining is turning high including the electricity cost.
Yup... some people see it can be a lucrative benefit to Miner as the rate for Bitcoin skyrocket to USD1000 per bitcoin, I don't think it will stick longer at that rate. Maybe it will stay for a 6 month before plunging down back.
So, are you on Bitcoin Mining?
No comments:
Post a Comment