In May 2020, the crypto market is anticipating another bitcoin halving, an important event in the cryptoworld. However, experts fear that this time halving could force the majority of the minors out of the network. The upcoming halving may leave smaller and weaker miners far behind or even lead to their takeovers by the major market participants. BTC halving is a planned reduction in reward miners receive for extracting tokens. Analysts warn that this event may bring significant changes to the current crypto market. In 2020, the block reward will drop to 6.25 BTC from 12.5 BTC. According to Wang Chun, the founder of F2Pool, this reward reduction may “kick out” many miners off the market leaving only the biggest and the most efficient players afloat. Alejandro de la Torre, vice president at Poolin, shares this view and adds that old generation miners are losing their competitiveness. They use outdated and inefficient equipment with high energy consumption and, therefore, they will have to give way to their competitors. Old generation miners will be replaced by large mining farms with advanced equipment and low electricity costs. These market participants are bound to go through the halving, experts believe. Currently, the majority of the large mining companies have access to cheap electricity which is a key factor for making the operation profitable. According to F2Pool managing director, only those farms which can mine bitcoins at a cost less than $3500 will manage to survive. As of April 29, bitcoin was trading at $8,150. Analysts believe that the price of the N1 cryptocurrency is likely to surge on May 12, 2020, when the next bitcoin halving takes place. Their estimates are based on the previous experience when the bitcoin’s price skyrocketed following the halving in 2012 and 2016. However, some crypto enthusiasts think that this time bitcoin has no obvious reasons to rise. According to the previous growth algorithms, its price is likely to jump in the next 1.5 years after the halving. Some cryptocurrency experts fear that the halving event may leave all the power with the major mining companies. This may completely destroy the healthy competition in the crypto market. On the other hand, the bitcoin mining industry may only benefit from the halving as it will continue to advance and will become more professional.