Cryptopolitan
2020-05-12 09:30:46

De La Torre: 30% of Bitcoin miners to capitulate without efficient mining machines

After the Bitcoin halving, roughly a third of Bitcoin mining companies are expected to close down their business, as the industry turns out unprofitable. The recent halving event slashed Bitcoin miners’ reward by 50 percent. 6.25 BTC reward epoch Instead of the previous 12.5 BTC reward, miners will now earn as low as 6.25 BTC. […]

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