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Coin Edition 2024-01-26 09:09:00

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

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 The post Only 2 Out of 13 Bitcoin Miners Predicted to Stay Profitable After Halving appeared first on Coin Edition .

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