⚡ Bitcoin Halving: Significant Changes in the Mining Industry
The last Bitcoin halving in 2024 has generated important changes in the mining industry. Although mining revenues per TH/s have decreased, the increase in Bitcoin's price to over $105,000 has mitigated some of the impact. Publicly traded mining companies such as Hut8, Bitdeer, and Core Scientific have seen significant increases in their stock prices. Profitability remains below previous peaks, posing challenges for miners. Upgrading equipment and adapting to cheap energy sources are crucial to maintaining competitiveness.
