Odaily Planet Daily News 📈 The 2024 Bitcoin halving event has triggered a major transformation in the mining industry! According to the latest report from Coin Metrics and analyst Matías Andrade, the income from mining power per TH/s has sharply decreased after the halving, but the price of Bitcoin has soared above $105,000, slightly alleviating the pressure on miners. Nevertheless, profitability has not yet returned to the peaks seen before the halving, and miners face challenges.

It is worth noting that publicly listed Bitcoin mining companies have performed well, with stock prices of Hut8, Bitdeer, and Core Scientific rising by 68%, 78.5%, and 60.2% respectively. Researcher Andrade points out that strong financial health and advanced equipment are key to success. Miners need to adapt to reduced supply, optimize operations, and utilize cheap energy to remain competitive. 🔧💡