The world of Bitcoin mining experienced a significant shift in May following the fourth Bitcoin [BTC] halving event. Traditionally, halving events, which occur approximately every four years, reduce the block subsidy rewards miners receive, thereby affecting their profitability and often leading to a temporary decrease in the networkâs hash rate. This year, however, the dynamics have been somewhat different, showcasing the resilience and adaptability of the Bitcoin mining ecosystem, even as new regulatory challenges emerge.·
For the full story, head over to TheCurrencyAnalytics.com.
