“A lot of the publicly traded bitcoin miners have initiated or introduced plans to extend their electrical energy and hashrate capacities as a way of adjusting to their diminished income and gross revenue profiles,” Benchmark analyst Mark Palmer wrote, noting that as a result of uncertainty across the halving practically the entire listed miners’ shares are down year-to-date regardless of a 46% rally in bitcoin in the identical interval.
Bitcoin (BTC) Miners Are Higher Positioned to Climate the Halving This Time: Benchmark
