▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓ 99.8%
2 days and 335 blocks left
$61,353 per #Bitcoin
• 2024 #BitcoinHalving reduces mining reward to 3.125 $BTC per block.
• Expected significant impact on mining profitability and push for more efficient technology.
• Historical trends show a temporary dip in hash rate post-halving as less profitable miners leave.
• Hash rate usually recovers quickly as Bitcoin’s scarcity may boost its price, benefiting the remaining miners.
• Investors suggested to underweight bitcoin miners in the six months before the halving due to potential higher costs and market adjustments.
• Some miners may shut down post-halving, possibly causing a short-term decrease in network hash rate.
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