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Bloomberg: The "halving" of Bitcoin may cause an impact of about ten billion dollars on cryptocurrency miners

Bloomberg: The "halving" of Bitcoin may cause an impact of about ten billion dollars on cryptocurrency miners

2024/04/15 04:36

Bloomberg reported that around April 20, the "halving" will reduce by half the number of bitcoins miners can earn daily through transaction verification. This bitcoin "halving" could potentially cause a $10 billion impact on cryptocurrency miners. In addition, competition for discounted electricity rates among artificial intelligence companies is becoming increasingly fierce, which will also lead to a decline in revenue for Bitcoin mining enterprises after costs soar.

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