Can the halving create mining monopolies by making smaller operations unprofitable? Is the cut in rewards harder on smaller mining operations? How will the halving affect the price of bitcoin? In this clip, Andreas examines the effect of the coming halving.
These questions are from the January and February monthly patron session, which took place on January 25th, 2020 and February 29th, 2020. If you want early-access to talks and a chance to participate in the monthly live Q&As with Andreas, become a patron: https://www.patreon.com/aantonop
Question times: 00:00 does halving create mining monopolies by forcing smaller operations into unprofitability?
04:46 What impact is the Bitcoin halving likely to have on bitcoins price?
Related Videos: Bitcoin Q&A: What is the Halvening? – https://youtu.be/Idd3Zy98lsM
Bitcoin Q&A: What happens to transaction fees when the block reward is zero? – https://youtu.be/FffX32ENGKc
Bitcoin Q&A: 10-minute block interval and miner competition – https://youtu.be/rhZowbYpN3Q
Bitcoin Q&A: Price and hashpower metrics – https://youtu.be/5JBulDoy8Xk
Bitcoin Q&A: What is mining? – https://youtu.be/t4p4iMqmxbQ
Bitcoin Q&A: The mining process – https://youtu.be/L4Xtau0YMJw
Andreas M. Antonopoulos is a best-selling author, speaker, educator, and highly sought after expert in Bitcoin and open blockchain technologies. Andreas has written two best-selling technical books for programmers, “Mastering Bitcoin” and “Mastering Ethereum”. He has published “The Internet of Money” series of books, which focus on the social, political, and economic importance and implications of these technologies. He is known for making complex subjects easy to understand and highlighting both the positive and negative impacts these technologies can have on our global societies.
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MASTERING BITCOIN, 2nd Edition: https://amzn.to/2xcdsY9
Translations of MASTERING BITCOIN: https://bitcoinbook.info/translations-of-mastering-bitcoin/
THE INTERNET OF MONEY, v1: https://amzn.to/2ykmXFs
THE INTERNET OF MONEY, v2: https://amzn.to/2IIG5BJ
Translations of THE INTERNET OF MONEY:
Spanish, ‘Internet del Dinero’ (v1) – https://amzn.to/2yoaTTq
German, ‘Das Internet des Geldes’ (v1) – https://amzn.to/2LEiyqO
German, ‘Das Internet des Geldes’ (v2) – https://amzn.to/2VCzse5
French, ‘L’internet de l’argent’ (v1) – https://www.amazon.fr/Linternet-largent-Andreas-M-Antonopoulos/dp/2856083390
Vietnamese, ‘Internet Của Tiền Tệ’ (v1) – https://alphabooks.vn/khi-tien-len-mang
MASTERING ETHEREUM: https://amzn.to/2xdxmlK
Music: “Unbounded” by Orfan (https://twitter.com/grassfedbitcoin)