News Explorer — Bitcoin Miners Face ‘Stress Test’ in Next Halving: JP Morgan

By Decrypt July 17, 2023 In Binance, Bitcoin, Coinbase, Mining, NFTs, Ripple

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Bitcoin miners are expected to face challenges as the hash rate reaches new highs ahead of the upcoming halving event. Volatile electricity costs and competition among miners will increase the cost of production. The halving event, reducing miners’ rewards by half, will test their profitability.

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