Bitcoin Mining Business Is Properly Positioned to Take part in a New Cycle: Bernstein

by Jeremy

If the 2024 halving follows the identical sample as earlier ones, the BTC mining business would see “decrease aggressive depth” as a result of sector’s wipe-out within the bear market of 2022, and better bitcoin costs, which might ship improved profitability earlier than extra mining capability comes on-line, the report added.

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