<ul>
<li><a href="https://bitcoin.stackexchange.com/a/38998/5406">The block subsidy, i.e. the amount of newly created bitcoins per block, will half.</a> Transaction fees are not affected by the halving. The exchange price of Bitcoin is up to market mechanisms. The halving doesn't change the difficulty. So, yes, probably the value of the mining reward will drop significantly between block 419,999 and 420,000.</li>
<li><a href="https://bitcoin.stackexchange.com/q/41276/5406">Mining already is infeasible at home.</a> </li>
<li><a href="https://bitcoin.stackexchange.com/q/2154/5406">Yes, you're making a mistake getting into Bitcoin mining.</a> </li>
<li><a href="https://bitcoin.stackexchange.com/q/2154/5406">Personally, I doubt that any altcoin will be successful.</a></li>
</ul>

CC BY-SA 3.0
2016-05-02T20:54:29.560Z
The block reward will half, which will in turn make mining less profitable? RIght?
Franklin Harding
CC BY-SA 3.0
2016-05-02T21:11:27.900Z
Block reward = Block subsidy + transaction fees. Subsidy halves. Price might be affected, but price isn't controlled by the halving but by the market.
Murch
CC BY-SA 3.0
2016-05-02T21:19:30.123Z
So in other words miners will make about half as much.
Franklin Harding
CC BY-SA 3.0
2016-05-02T21:21:40.990Z
The number of newly created bitcoins half. If the price remains the same, they will be making approximately half the revenue of now, plus the same amount of transaction fees.
Murch
CC BY-SA 3.0
2016-05-02T20:46:41.820Z
2016-05-02T21:25:50.437Z
2017-04-13T12:47:32.940Z
Murch
<p>So I don't understand the halving very well, will miners just make half as much? Will the price double or the difficulty change? Will bitcoin mining just become so hard it ceases to be cost effective? Am I making a mistake getting into bitcoin mining? Will people just switch to a altcoin?</p>

<mining-profitability><mining-hardware><altcoin><mining-reward>
Will mining be viable after the halving?
Franklin Harding
# Will mining be viable after the halving?

(Asked by: username_0 on 2016-05-02)

So I don't understand the halving very well, will miners just make half as much? Will the price double or the difficulty change? Will bitcoin mining just become so hard it ceases to be cost effective? Am I making a mistake getting into bitcoin mining? Will people just switch to a altcoin?

**Tags:** mining-profitability, mining-hardware, altcoin, mining-reward


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## 1 answers

### Answer by username_1 on 2016-05-02. Score: 1

* [The block subsidy, i.e. the amount of newly created bitcoins per block, will half.](https://bitcoin.stackexchange.com/a/38998/5406) Transaction fees are not affected by the halving. The exchange price of Bitcoin is up to market mechanisms. The halving doesn't change the difficulty. So, yes, probably the value of the mining reward will drop significantly between block 419,999 and 420,000.
* [Mining already is infeasible at home.](https://bitcoin.stackexchange.com/q/41276/5406)
* [Yes, you're making a mistake getting into Bitcoin mining.](https://bitcoin.stackexchange.com/q/2154/5406)
* [Personally, I doubt that any altcoin will be successful.](https://bitcoin.stackexchange.com/q/2154/5406)

> **Comments:**
> **username_0**: The block reward will half, which will in turn make mining less profitable? RIght?  
> **username_1**: Block reward = Block subsidy + transaction fees. Subsidy halves. Price might be affected, but price isn't controlled by the halving but by the market.  
> **username_0**: So in other words miners will make about half as much.  
> **username_1**: The number of newly created bitcoins half. If the price remains the same, they will be making approximately half the revenue of now, plus the same amount of transaction fees.  

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