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Bloomberg: This Bitcoin halving may cause a shock of about $10 billion to cryptocurrency miners

2024-04-16 00:51:15
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ChainCatcher news, according to a report by Bloomberg, the next Bitcoin "halving" is expected to occur around April 20, which will reduce the amount of Bitcoin miners can earn daily by verifying transactions by half. This Bitcoin "halving" may have an impact of about $10 billion on cryptocurrency miners.

In addition, the competition among artificial intelligence companies for discounted electricity rates is becoming increasingly fierce, and after the surge in costs, it will also lead to a decline in the revenue of Bitcoin mining companies.

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