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What does this mean for the network and Bitcoin?”The Impact on Bitcoin MiningOnce upon a time, people at home could make some money from Bitcoin mining, but that ended some time ago. The Impact on Bitcoin’s PriceUnless you are a miner, how many Bitcoin owners can honestly say that they are concerned about the impact on mining. Weiss Ratings, which analyses the impact of halving’s on price, said: “So, does the Bitcoin halving help drive prices higher? So mining will most likely be less profitable after the halving than it currently is.”Ultimately, what we are likely to see when the Bitcoin halving happens is this: it will have a major impact on mining in the short and long term. Miners, like Bitcoin owners, will be hoping for a hike in the Bitcoin price, because that is the key to ensuring profitable mining, as well as profits for investors.

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