Binance Square
Home
Notification
Profile
Trending Articles
News
Creator Center
Settings
LIVE
LIVE
Booming Bulls
--・21 views
✅ Bitcoin Miners Face 'Stress Test' in Next Halving: JP Morgan 💥 Bitcoin miners will face headwinds as the hash rate reaches new record highs ahead of the upcoming halving event next spring, with volatile electricity costs and competition among miners pushing up the cost of production, according to analysts at global financial giant JP Morgan. Hash rate refers to the computational power used to mine a cryptocurrency. The halving event, which occurs roughly every four years, will reduce miners' rewards by half. "The upcoming bitcoin halving event in April/May 2024 could be a stress test for Bitcoin miners," writes JP Morgan analyst Nikolaos Panigirtzoglou and colleagues in the firm's latest Flows and Liquidity report, which the firm shared with Decrypt. #bitcoin #miners #Binance #jpmorgan

✅ Bitcoin Miners Face 'Stress Test' in Next Halving: JP Morgan 💥

Bitcoin miners will face headwinds as the hash rate reaches new record highs ahead of the upcoming halving event next spring, with volatile electricity costs and competition among miners pushing up the cost of production, according to analysts at global financial giant JP Morgan.

Hash rate refers to the computational power used to mine a cryptocurrency. The halving event, which occurs roughly every four years, will reduce miners' rewards by half.

"The upcoming bitcoin halving event in April/May 2024 could be a stress test for Bitcoin miners," writes JP Morgan analyst Nikolaos Panigirtzoglou and colleagues in the firm's latest Flows and Liquidity report, which the firm shared with Decrypt.

#bitcoin #miners #Binance #jpmorgan

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
0
Relevant Creator
LIVE
Booming Bulls
@Booming_Bulls

Explore More From Creator

🤑5 Best Cryptocurrencies to Grow Investments in 2023🥰 ✅In recent years, the popularity of cryptocurrency has boomed with the increased and easy access to crypto. The concept offers an effective way to send money anonymously and is considered the future of the economy. From Bitcoin and Ethereum to Dogecoin and Tether, thousands of cryptocurrencies are available in the marketplace. Individuals who want to gain benefit from the crypto market can invest in the below-listed currencies. #bitcoin (BTC) #Ethereum (ETH) #Solana (SOL) #Binance Coin (BNB) #XRP (ripple ) 👍 Binance Coin, Bitcoin, Ethereum, XRP, and Solana are some chief digital currencies to invest in 2023. The currencies reached a desirable height and are expected to grow more in the near future making it a good investment.
--
🚀🚀Don't Miss These 5 Potential Coins to Explode in 2024 Rally🚀🤑 😍Hello friends you know that we just a few months away from 2024, and this is the best time to take a position in the market before the next bull run. Check out these five coins with the potential to perform well in 2024 bull run. 1)-ARB $ARB : Another big ecosystem. #ARB  2)-LIT $LIT A low-marketcap token with a lot of development ongoing 3)- BNB is the coin of Binance #BNB 4)- AR $AR A low-marketcap token with a lot of development ongoing. 5)- Solana: Another big ecosystem with a lot of developments ongoing. #SOL 🎁Bonus tip :- You can start DCA with any of these coins. This help you get buy in dip point. ✅ Disclaimer: Do your own research before investing Crypto is very volatile I am not give you any financial advise invest yourself. 🤑If you like this post please share and comment below your best coin for 2024 bull run👍 #BTC #Binance
--
🚀🚀Top 4 Altcoins for the next bull run🤑 😍Here are the best altcoins which you should buy for next bull run in low price give you 5x to 10x returns 1)- #Cosmos :- Cosmos is the second most widely used technology in all of crypto. The Atom 2.0 upgrade was the final missing piece to align Atom token price with Cosmos adoption. I genuinely believe Atom will be a top 10 coin by the next bull run. 2)- #Quant :- Quant has one of the most ambitious visions in the entire space. They aim to allow every enterprise to connect to every blockchain through their over ledger operating system. The potential for adoption is massive. 3)- #Polygon :- With the dominance of Ethereum, Polygon will continue to grow as they're the leader in Ethereum scaling solutions. Whether it's Layer 2, ZK Rollup, ZK Stark, or deploying your own sidechain, they have it all. 4)- #Ethereum :- Obviously. By the next bull run, Ethereum 2.0 will finally be complete. The deflationary tokenomics would have kicked in and scaling through sharding and Layer will be mature as well. Ethereum has already won the smart contract game, it just needs to scale. Follow me for more crypto investing tips. 😍If you like this post please share & comment below for your opinion 👍
--
🤔Five Cryptocurrency Facts You Should Know🤑 1)- The value of the cryptocurrency market for the first time in its 12-year history exceeded $1 trillion. However, the independent reminds that the cryptocurrency is still unstable. 2)- The first federal cryptocurrency bank appeared in the USA. Now, the company's clients can use digital assets to pay bills and investments. 3)- 20% of existing #bitcoins are stored in wallets whose owners do not have access to them. Many people became owners of cryptocurrency 10 years ago, when bitcoin first appeared and was worth nothing. 4)- Cryptocurrency has no official status in most countries. The legal status of cryptocurrencies varies from country to country. 5)- Mining harms the environment. But there are more and more green cryptocurrencies in the world. This is especially important in countries where electricity generation is highly emission-prone. 😍If you get some useful knowledge this post please like & share this post or comment below your opinion #crypto #ETH #BNB
--
📈📉 Hello traders, today we will talk about Path to #Altseason 🤑Altcoin season, or ‘Altseason’, is the home of face-melting gains & high volatility. It’s pretty much Christmas for crypto traders🥰 ✅Bitcoins & Altseason 🤩Put simply, Altseason begins when altcoins start to outperform Bitcoin (when prices of alts rise in comparison to Bitcoin), and Alt Season ends when Bitcoin outperforms altcoins. However, this does not mean that when Bitcoin’s price goes down alts automatically go up. 😍Past the years we have noticed when the Alt Season starting this things happens 1#BTC is starting pumping first 2 #DOGE coin pumps next. Leading indicator of Alt Season. 3 #ETH and #LTC are pumping next 4 Big Market Cap Coins next. Usually who Rank on Top 20 in Coin Market Cap 5 Then full blown of AltSeason What have previous Altseasons and bull runs taught us? Previous bull runs and Altseasons suggest that larger-cap altcoins (starting with Ethereum) pump before smaller-cap altcoins begin moving up. This usually happens after Bitcoin has had a big move up, followed by some sideways movement, causing investors to seek gains in altcoins, thus decreasing Bitcoin dominance and starting the party that is Altseason.
--

Latest News

BNB Surpasses 590 USDT with a 1.76% Increase in 24 Hours
--
Bitcoin(BTC) Surpasses 69,000 USDT with a 1.82% Increase in 24 Hours
--
Hong Kong Teen Assaulted Over Crypto Profits, Three Suspects Arrested
--
Bitcoin's Future Looks Bright, Says Jan3 CEO Samson Mow
--
Cryptocurrency Update: Cardano, Solana, and Dogecoin Experience Price Drops
--
View More
Sitemap
Cookie Preferences
Platform T&Cs
Sitemap
Platform T&Cs
ba-one-trust-cookie