Bloomberg: The bitcoin halving could have a $10 billion impact on cryptocurrency miners
2024-04-15 16:47:09
According to a Bloomberg article, the next "halving" of Bitcoin is expected to take place around April 20, which will reduce the amount of Bitcoin that miners can earn by verifying transactions by half. The "halving" of Bitcoin may cause about 10 billion dollars of impact on cryptocurrency miners. In addition, the increasing competition of artificial intelligence companies for preferential electricity bills will also lead to a decline in the revenue of bitcoin mining companies after the cost surge.
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