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Can Older Mining Rigs Survive the Bitcoin Halving Squeeze? 😱
Bitcoin's upcoming #halving , cutting block rewards in half, threatens up to 20% of network hash rate.
Older, inefficient #mining rigs like S9 and A1066 may be forced offline due to profitability struggles. Newer models like S19 and A1246 are likely to survive, while some older rigs might find new homes with cheaper power costs.
Business decisions like custom firmware and #rig resale could impact predictions. The halving's impact remains to be seen, potentially shaking up the mining landscape and favoring efficiency.
#Binance
#crypto2024
Bitcoin's upcoming #halving , cutting block rewards in half, threatens up to 20% of network hash rate.
Older, inefficient #mining rigs like S9 and A1066 may be forced offline due to profitability struggles. Newer models like S19 and A1246 are likely to survive, while some older rigs might find new homes with cheaper power costs.
Business decisions like custom firmware and #rig resale could impact predictions. The halving's impact remains to be seen, potentially shaking up the mining landscape and favoring efficiency.
#Binance
#crypto2024