$Marathon Digital (MARA.US)$ All BTC miners will suffer as s...
$Marathon Digital(MARA.US$ All BTC miners will suffer as soon as halving comes next month. Smart move would be to cash out while you’re still in profit before halving kicks in.
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Boon1992 : Did you know that Mara bought two or three mines, halved it and just took off
70566874 : halving finished already, lets move forward
SupaNoobOP 70566874: Mid April
Mynor Garcia : I wouldn't count on that, sure the mining rewards go down, but dont underestimate Bitcoiners, all the SATs they racked up will have to be moved off chain. I've been moving a little off chain here and there. opting to pay the fees instead of using the 100,000 SATs fee free transfer on cash app. "Vote with your Dollars"
SupaNoobOP Mynor Garcia: Not just the rewards getting cut by half, it’ll also be a lot harder to mine new coins, thus more energy intensive and higher costs. Only way I see miners might be able to keep up a little after halving is if the price of BTC keeps going up to offset the even higher costs of mining new coins.
Mynor Garcia SupaNoobOP: Well, that's just the thing isn't it? The halving essentially lowers the fixed supply of BTC. Thus, less supply, more demand, higher price. I don't even think about it anymore. I've managed to stack and hold enough over the past 2 years to see the benefits. Might take a while, but Bitcoin always goes up.