Impact of Halving on Bitcoin Mining

[Findingnemo]

Will this time be different? No.

Something I like about this confident answer, the media nowadays really need money, they have to present news that has a big impact on the world, especially the economy... and the Bitcoin halving is really there. Currently, I still believe that the previous 3x halving cycle will occur again in this fourth halving. I think many people are preparing to welcome the halving this time, that's why I myself shouldn't miss this precious moment.

Then the media wants to take advantage of this condition as a traffic generator for themselves to make money for them too. A win win solution that has a good impact on all elements involved in the Bitcoin halving.

There are few crypto media outlets are there and mainstream media is controlled by the rich and governments who are anti bitcoiners so I don't think the media will be looking at the halving event as an opportunity to make money and in fact if they do the opposite they can get close with influences people.

To OP, even we have most of the coins are in circulation this event is will create attention among the community which will enough to induce the bull run.

[rizqillah]

Will this time be different? No.

Something I like about this confident answer, the media nowadays really need money, they have to present news that has a big impact on the world, especially the economy... and the Bitcoin halving is really there. Currently, I still believe that the previous 3x halving cycle will occur again in this fourth halving. I think many people are preparing to welcome the halving this time, that's why I myself shouldn't miss this precious moment.

Then the media wants to take advantage of this condition as a traffic generator for themselves to make money for them too. A win win solution that has a good impact on all elements involved in the Bitcoin halving.

There are few crypto media outlets are there and mainstream media is controlled by the rich and governments who are anti bitcoiners so I don't think the media will be looking at the halving event as an opportunity to make money and in fact if they do the opposite they can get close with influences people.

To OP, even we have most of the coins are in circulation this event is will create attention among the community which will enough to induce the bull run.

Halving is still good material for the media to expose, because they need readers who consume the news. Currently there is still a lot of media discussing the halving and of course about bitcoin.
This includes members here also waiting for the halving moment to be able to estimate the selling targets for the bitcoin and altcoins they hold

[MrSpasybo]

The upcoming Bitcoin halving is seen as a potential trigger for the next bull run. However, given that the current annualized issuance rate is already at a meager 1.6% and nearly 94% of Bitcoins are already in circulation, the expected supply shock from the halving is likely to have only a minimal impact on Bitcoin prices.
However, growing demand will be the main factor driving the price surge. A bull market is still possible after the halving. Moreover, the halving brought more attention to Bitcoin. We can see various news about the halving event. But how long can this kind of marketing last?

Compared to previous halvings, the actual impact of halving on the supply and scarcity of BTC is not really significant. On the contrary, it can still create a supply shock by stimulating buying pressure from the market through the narrative of doubling scarcity, or it can be called a market psychological impact. I still believe that Halving is a milestone that a new cycle has started and we can focus on bullrun instead of worrying about new lower lows. After halving, investor sentiment will become more comfortable and FOMO, we will head towards new ATH of the whole cycle.

In addition, the financial market has a 4-year cycle, and halving also occurs every 4 years. This could be Satoshi's calculation for BTC to fluctuate in tune with the economy, similar to other assets. The role of halving is not only to increase the scarcity of BTC, but also to keep the pace of growth for the entire crypto market.

[dekafee79]

The upcoming Bitcoin halving is seen as a potential trigger for the next bull run. However, given that the current annualized issuance rate is already at a meager 1.6% and nearly 94% of Bitcoins are already in circulation, the expected supply shock from the halving is likely to have only a minimal impact on Bitcoin prices.
However, growing demand will be the main factor driving the price surge. A bull market is still possible after the halving. Moreover, the halving brought more attention to Bitcoin. We can see various news about the halving event. But how long can this kind of marketing last?

Compared to previous halvings, the actual impact of halving on the supply and scarcity of BTC is not really significant. On the contrary, it can still create a supply shock by stimulating buying pressure from the market through the narrative of doubling scarcity, or it can be called a market psychological impact. I still believe that Halving is a milestone that a new cycle has started and we can focus on bullrun instead of worrying about new lower lows. After halving, investor sentiment will become more comfortable and FOMO, we will head towards new ATH of the whole cycle.

In addition, the financial market has a 4-year cycle, and halving also occurs every 4 years. This could be Satoshi's calculation for BTC to fluctuate in tune with the economy, similar to other assets. The role of halving is not only to increase the scarcity of BTC, but also to keep the pace of growth for the entire crypto market.

Sathosi may have predicted all this, about the 4 year cyclical, which is the most likely time to pump bitcoin to reach a new ATH and altcoins will follow suit. Sathosi is an intelligent figure, he has thought deeply about the future of Bitcoin and Crypto. Although we will never know, who is Sathosi Nakamoto

[KingsDen]

The Bitcoin halving which will happen in few days time will not only result in a 50% reduction in the miners' reward, it will also result to a reduction in what  the miners can mine. This means, we should anticipate more Bitcoin Scarcity after the halving as there would be very low supply compared to the high demand for Bitcoin and this will also mean an increase in the value of Bitcoin (Bitcoin price increase). If there is anyone wishing to buy Bitcoins, this is obviously the right time to buy Bitcoins as the chances of buying at a fair price after the halving are very  slim.

 While Miners will be earning lesser from mining rewards, all focus would be on the Bitcoin transaction fees to compensate for the reduction in the miners' rewards. We just hope that transaction fees will be favourable so we can enjoy Bitcoin better.

[Faisal2202]

The upcoming Bitcoin halving is seen as a potential trigger for the next bull run. However, given that the current annualized issuance rate is already at a meager 1.6% and nearly 94% of Bitcoins are already in circulation, the expected supply shock from the halving is likely to have only a minimal impact on Bitcoin prices.
However, growing demand will be the main factor driving the price surge. A bull market is still possible after the halving. Moreover, the halving brought more attention to Bitcoin. We can see various news about the halving event. But how long can this kind of marketing last?

I can't agree more with you, adoption is the big factor that drives the price of BTC as its price influenced by demand and supply, so if there is more demand then price will increase, same wise if the supply will be shortened the price will increase too. So overall i would add that halving have a big impact on the price of BTC, even if the adoption is increasing, halved amount will increase the adoption and demand. Which will impact the price in positive way.

I still believe that bull run is yet to come, and we will see BTC at $100k in the upcoming bull run many predicts it will achieve this target in the first quarter of 2025. Plus I won't call this a marketing scheme because its not a product of a single dude or organization. But yeah a group of people having huge amount of BTC can actually market it by playing with the minds of investors to make them bad move.

[Captain Corporate]

The biggest one always ends up being that older miner equipment get disconnected because they are not as efficient and do not bring profit after a certain threshold. Of course depends on the electricity rate and all that too, but it is the most obvious result. When you have a machine that is 5+ years old, that is ancient in the crypto mining world which is why it will probably get disconnected. I also assume most mining machine companies will provide a new and better one after the halving as well, waiting for that to happen in order to maximize their profit.

[NikeFit_7777]

In the ≈ 8 days before the BTC halving, 94% of all possible coins have been mined - the remaining BTCs will be coming into existence at an increasingly slow pace for ≈100 years.

Arthur Hayes in turn warned that the market could experience a lot of volatility before and after the next halving.

[de_prof]

The Bitcoin halving which will happen in few days time will not only result in a 50% reduction in the miners' reward, it will also result to a reduction in what  the miners can mine. This means, we should anticipate more Bitcoin Scarcity after the halving as there would be very low supply compared to the high demand for Bitcoin and this will also mean an increase in the value of Bitcoin (Bitcoin price increase). If there is anyone wishing to buy Bitcoins, this is obviously the right time to buy Bitcoins as the chances of buying at a fair price after the halving are very  slim.

 While Miners will be earning lesser from mining rewards, all focus would be on the Bitcoin transaction fees to compensate for the reduction in the miners' rewards. We just hope that transaction fees will be favourable so we can enjoy Bitcoin better.

Yes, it's possible that after the halving the price of bitcoin will rise again and maybe touch a new ATH, if you want to buy it's best to do it before the halving. because we know that during the halving the miner's reward will be cut in half so the supply of bitcoin will be limited, and high demand will make the price of bitcoin soar, we all know that because this is a 4 year cycle.

[bhadz]

Arthur Hayes in turn warned that the market could experience a lot of volatility before and after the next halving.

Although that's not a hint at all but that's what Bitcoin is natural for. We knew it that volatility is permanent on it so whether we'd go for the halving or after that, volatility shall remain no matter what the situation of the market is. He doesn't want to give the hint but I am more absorbing this as a positive thing that if he means "a lot" then the limit of this bull run after the halving is literally the sky for its peak.

[rizqillah]

Arthur Hayes in turn warned that the market could experience a lot of volatility before and after the next halving.

Although that's not a hint at all but that's what Bitcoin is natural for. We knew it that volatility is permanent on it so whether we'd go for the halving or after that, volatility shall remain no matter what the situation of the market is. He doesn't want to give the hint but I am more absorbing this as a positive thing that if he means "a lot" then the limit of this bull run after the halving is literally the sky for its peak.

The basic nature of bitcoin is high volatility. If we talk about bitcoin volatility, this will exist both before and after the halving, because this volatile nature allows lovers to seek profits from the increase and decrease in the price of bitcoin.

[Dr.Bitcoin_Strange]

For this year's bull run the main triggers are two things: the recent approval of ETFs and the soon-to-happen halving and if you noticed it already both events are centering on demand. ETFs for sure are the huge driving force for the demand of Bitcoin and with halving there will be 50% reduction on what can be mined by miners which mean there can be lesser supply. And with more demand and lesser supply, we can expect that BTC's price will increase exponentially with some predicting that it can soon be $150K before the end of the year and even more. Well, I am saying that aware that nobody can really be sure of what can be as we are all just speculating here making BTC one of the most speculative assets of all time.

The bitcoin ETF was very influential in the high demand for bitcoin this year until the price of bitcoin touched a new ATH of $73K. This is very good for bitcoin holders who have bought in late 2022 and early 2023. They are already making a profit. With the halving where the reward miners only get 50%, with high demand it can be predicted that the price of bitcoin will rise. And likely over $100K later this year.

Indeed, the approval of the Bitcoin Spot ETF has done its own part of catapulting bitcoin price towards attaining a new ATH, just as many speculated and now there are also many speculations and optimism from investors and also market analyst ls hovering around the upcoming halving.

Although it's not yet certain just how much Bitcoin price will rise but one thing is for sure that the price of bitcoin will surely its current ATH and head for a much more greater height.

[Alston Liu]

I felt like Bitcoins have consolidated for a while and there are not many signals that could support another huge rise with the halving coming. It's just my feelings when I look back to see what bitcoins performed in the past two months.

[NikeFit_7777]

The basic nature of bitcoin is high volatility. If we talk about bitcoin volatility, this will exist both before and after the halving, because this volatile nature allows lovers to seek profits from the increase and decrease in the price of bitcoin.

I think the opposite is exactly the case. Over time, the profitability will drop significantly (not only for miners), everything is going towards that. Yes, perhaps it will not be in 5-10 years, but in the distant future, it will be much more difficult for traders to get 40%-200% of income for 1 transaction, as it is happening at the moment.

P.S. Again, as long as the market gives an opportunity to earn - you should act. And only after a while it will be clear what's what. It's too early to draw any conclusions and since. 

[Litzki1990]

Bitcoin halving certainly has a considerable impact on the activities of investors and miners. However, when the price of bitcoin is halved, usually miners are more focused on mining bitcoins because they are never willing to sell bitcoins at a lower price or at a loss. This time of the year is when miners give their full attention to mining and when the market price is high, usually these miners sell all their bitcoins. It is certainly better to wait a while and sell at a higher price than to sell bitcoins at a loss, and miners usually do that. However, if the price of Bitcoin falls in half, many investors will have the opportunity to invest again, which is definitely a positive thing for new investors.