Ethereum halving is the process that reduces the block reward by half. This happens every 4 years or so, and the next halving is expected to happen in late 2020.
The purpose of halving is to control inflation and keep the price of ETH stable. In the long run, it is also supposed to make Ethereum more scarce, which should theoretically increase its price.
The main effect of halving is on miners. When the block reward is cut in half, miners’ profits are also cut in half.
This could lead to some miners quitting the network, which would reduce the amount of ETH being mined. This could have a positive or negative effect on the price, depending on whether demand for ETH is high or low at the time.
In the short term, Ethereum halving could have a positive effect on the price if demand for ETH is high. This is because the reduced supply would lead to increased demand, and thus higher prices.
However, if demand for ETH is low, then prices could fall as miners leave the network in search of more profitable opportunities. In either case, it is difficult to predict exactly what will happen to prices since there are so many factors at play.
In conclusion, Ethereum halving will have a significant impact on miners and potentially on prices as well. The long-term effects are difficult to predict, but in the short term, prices could either rise or fall depending on demand for ETH at the time of halving.