Won't a bunch of hash rate go offline after the halving until the price reaches a certain level because miners will be unprofitable at the current price? Would be nice to have data based on current energy prices.
Discussion
Yes, and there will be probably be a lot of M&A with big mining companies gobbling up smaller ones
Maybe. But the hashrate graph has been parabolic for some time now so it's hard to make predictions. A lot of people are throwing a lot of money into mining. They are banking on massive price appreciation to cover their expenses. Do you think the halving will slow them down? I am not so sure...