A Bitcoin Price of $15,000 Will Make BTC Mining Profitable Post Halving

A Bitcoin Price of $15,000 Will Make BTC Mining Profitable Post Halving

… Almost 50% is uncertain about a death spiral or miner capitulation after May 2020 #bitcoin halving. Those are the people / risks that stand between current $8300 btc price and $50-100k S2F model value after the halving. If this risk disappears .. https://t.co/FIMcEZWDPn pic.twitter.com/lZVpdsrwo4 — PlanB (@100trillionUSD) January 23, 2020

In the case of Bitcoin, it is possible Chinese mining operations become even more influential, as they manage to break even and continue working while other miners die out. What do you think about mining activity after the Bitcoin halving? Share your thoughts in the comments section below!

Images via Shutterstock, Twitter: @100trillionUSD The post appeared first on Bitcoinist.com.

 

source: https://bitcoinist.com/bitcoin-mining-profitable-after-halving-usd-15k-btc/

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