I believe that the BTC halving will usher in a wave of miners’ bloodbath!
Some large mining farms pool the funds of many investors. Investors like stable and high returns.
At a time when BTC is skyrocketing, the same benefits can be obtained with a mining cost of less than 40,000. There are many people who use leverage, borrowing, and over-lending to earn price differences.
Therefore, I feel that miners cannot afford the halving of income caused by the halving. Leveraged miners will leave the market early before the halving, withdraw their funds and deleverage.
For example, if the cost is 50, borrowing can get 100 income. When BTC is halved, 100 will be left with 50. Some greedy people even over-borrow, and the cost is as high as 80. The halving will lead to losses for leveraged miners.
Conclusion: I feel that this wave of empty owners will be a wave of miners leaving before the halving.
The issue of BTC rarity in the future will come later.
