🏦 JPMorgan Forecasts 20% 🪙Bitcoin Hash Rate Drop📉 by April 2024.
JPMorgan has released a report forecasting a potential 20% decline in the 🪙Bitcoin Network Hash Rate following the 🪙Bitcoin halving in April 2024.
“We estimate as much as 80 EH/s (or 20% of the network hashrate) could be removed at the next halving (April ‘24) as less-efficient hardware is decommissioned,”
