Argo

Bitcoin

April

Coin

<ul class="news-points"> 
 <li>Financial firm Cantor Fitzgerald warns that 11 major publicly traded Bitcoin miners will not be profitable post-BTC halving event.</li> 
 <li>Argo Blockchain and Hut 8 Mining are projected to face high post-halving costs, exceeding $60,000 per Bitcoin.</li> 
 <li>Bitdeer and CleanSpark are forecasted as the only profitable miners, at $17,774 and $36,896 per Bitcoin, respectively.</li> 
</ul> 
Eleven of the largest publicly traded Bitcoin miners could face serious profitability challenges after the upcoming halving event, a new report from financial firm Cantor Fitzgerald warns. 
Scheduled to occur in April 2024, the halving will reduce the reward for miners by 50%, a mechanism designed to maintain scarcity in Bitcoin’s supply. While this event is often viewed as bullish for <a href="https://coinedition.com/bitcoin-btc-price-prediction/" target="_blank" rel="noreferrer noopener">Bitcoin’s long-term price</a>, it also presents immediate challenges for miners with high operating costs. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 *BREAKING – new today! No matter the department, the entire team at <a href="https://twitter.com/CleanSpark_Inc?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@CleanSpark_Inc</a> is committed to efficiency. EFFICIENCY of Uptime, Equipment, Capital, Operations, Community Engagement, Energy, Strategy, Growth, and other metrics. Today’s brand new report from the research… <a href="https://t.co/YgQ6XrIXh2" target="_blank" rel="nofollow">pic.twitter.com/YgQ6XrIXh2</a>— S Matthew S…
 </blockquote>
 </div>
</figure>
The post <a href="https://coinedition.com/only-2-out-of-13-bitcoin-miners-predicted-to-stay-profitable-after-halving/">Only 2 Out of 13 Bitcoin Miners Predicted to Stay Profitable After Halving</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Only 2 Out of 13 Bitcoin Miners Predicted to Stay Profitable After Halving

Coin Edition

2024년 1월 26일에 게재된 다른 기사

Binance.US Restricted in Florida and Alaska After Former CEO’s Guilty Plea

XRP Ledger’s Clawback Feature Wins Consensus, Boosting CBDC Prospects

Why investors of Solana (SOL) and Ripple (XRP) are buying into stage four of Pushd (PUSHD) presale

Bitcoin’s Potential Rally After Resistance Breakthrough

Ethereum Price Prediction: SEC Delays Decision On The Grayscale Ethereum ETF As Traders Flock To ...

ChatGPT Predicts Staggering Q2 Gains for NuggetRush and Celestia in 2024 Crypto Market Forecast

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!