Coin Edition
2024-01-26 04:38:20

Bitcoin Miners on Edge as Halving Looms: Costs Soar, Profits Squeezed

A new report warns that the upcoming Bitcoin halving, expected in April, could have the average cost of mining a single Bitcoin skyrocket to a staggering $37,856. This sharp increase could drive many miners out of business if Bitcoin fails to stay above $40,000. The Bitcoin mining network, while experiencing explosive growth with a 104% The post Bitcoin Miners on Edge as Halving Looms: Costs Soar, Profits Squeezed appeared first on Coin Edition .

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