According to a report by Cantor Fitzgerald, 11 of the largest publicly traded Bitcoin miners may struggle to mine Bitcoin profitably if the price of BTC fails to increase significantly after the halving event in April 2024 .
The report warns that the United Kingdom-based miner Argo Blockchain and Florida-based Hut 8 mining are the most potentially unprofitable after halving, with an “all in” cost-per-coin rate of $62,276 and $60,360, respectively .
