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Where will smaller bitcoin miners go after the halving?

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by COINS NEWS 161 Views

Every time there is a bitcoin halving smaller miners get priced out of mining and go to another chain to try and maintain a profit.

What proof of work chain do you think smaller bitcoin miners will go after this halving?

Litecoin or Dogecoin? Does a bitcoin mining setup translate to these chains? BCH?

I am curious because I believe after the halving and miner migration the prices of the new proof of work chain that miners move to will see a surge in its price.

Although I am not in crypto for a quick buck I am just curious where this is headed, and may invest a small amount and see where it gets me.

I see a future where 2 or 3 proof of work coins will exist.

submitted by /u/DoU92
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