📉 Bitcoin halving may lead to the collapse of small and less efficient miners, but for large players this will not be a problem, top industry managers say. Leading miners warn that the scale and efficiency of mining operations will be critical once block rewards are reduced.
- Miners with a debt load can sell cryptocurrency to reduce their debt obligations.
- History plays a role: miners had 4 years to forecast and plan operations.
- Halving is built into the blockchain code: every 210,000 blocks mined, the block reward is halved.
The halving is expected to lead to consolidation in the Bitcoin mining world and the development of technologically advanced mining equipment$#HotTrends #ETH #BOME #crypro #STX