What will halving bring for the crypto investors?

Bitcoin halving is the cut of the mining reward in half, which happens every 210 000 blocks. Next time it will happen in 150 days. We believe that halving may bring much more benefits than it may seem to be at the first glance.

The coming halving is not the first one to happen: it first went from 50 BTC to 25 BTC, than to 12.5 BTC, where it still is today. So in May 2020 it is expected to be cut to 6.25 BTC.

What will be the main consequences?

Many experts share an opinion that halving would make mining economically unprofitable: miners will turn off their obsolete mining equipment as it will no longer be profitable for them to mine. Obsolete equipment – the one that mines less than its electricity consumption. So Bitmain Antminer S9 will fall under this condition. According to the statistics, 80% of mining equipment currently operating in the crypto market is Bitmain Antminer S9.   

As soon as 80% of the mining equipment will be excluded from the market the mining difficulty will also fall, which means the growth of mining profitability using any new models of mining equipment.

So what we expect is the instant increase of demand on new mining equipment and significant increase of its price. So today seems to be the best time for investment in mining equipment as such devices as Bitmain Antminer T17 mine enough to cover their expenses both now and will continue doing it in the future.

See the graphs of ROI expected with different BTC exchange rates.

 The main difference between today (BTC around 7500 USD) and after halving (when BTC can easily reach 15000 USD) is the amount of initial investment – cost of equipment. The higher it is the longer you will wait for your ROI. Current cost of T17 is around 1299 USD. In the future it may cost 3000 USD, as it happened with S9 at the time of mining hype of 2017.

The previous two halvings shown the growth of Bitcoin price right after it. So the same is expected now – the probability of Bitcoin going up is pretty high, — says Mr Goldberg, ECOS managing partner. It means that mining with the new equipment will be more attractive, the price of the equipment will go up. We are sure that now is the best time for this type of investment – we have already purchased Bitmain Antminer T17 and now are working on minimizing the entry threshold to mining.

ECOS datacenter is located in Armenia, in the Free Economic Zone, which was established by the Armenian Government and is thus absolutely reliable and secure. You can read more details about the service here.

We find the cryptocurrency investment one of the most promising nowadays. The main point here is to select the right moment to begin.

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