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Fidelity Digital Assets Report: Bitcoin holders have always welcomed the halving of Bitcoin, but miners should plan for this event to avoid bankruptcy

Fidelity Digital Assets Report: Bitcoin holders have always welcomed the halving of Bitcoin, but miners should plan for this event to avoid bankruptcy

2024/03/05 09:34

Fidelity Digital Assets stated in a report that BTC holders have always welcomed the halving of rewards every four years, as they expect it to drive up prices. However, miners must continuously plan for this event, which will result in them earning 50% less Bitcoin to avoid bankruptcy. Analyst Daniel Gray noted that miners not only need to maintain their existing computing power, energy resources, and real estate but also constantly compete with the entire network trying to achieve the same goal.

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