Halvening: A 12.5 BTC reward at $430 is the exact same thing as 25 BTC reward at $215.

The halvening is not a big deal and naturally works itself as the price increases. The same goes for those asking how poor miners will be compensated decades from now when the reward drops to single digits. If Bitcoin is still relevant by then, the reward will be more than adequate. They won't need to be supplemented with fees. via /r/Bitcoin http://bit.ly/1QUtEUE