"Bitcoin Halving: Navigating Lost Revenue and Survival Strategies for Miners"

The upcoming Bitcoin "halving" is expected to result in a $10 billion annual revenue loss for crypto miners, prompting a fierce competition for survival in the industry. The event will cut the daily Bitcoin rewards for miners, leading to a significant drop in revenue. With the rise in costs and competition for power from the artificial intelligence industry, miners are facing challenges in maintaining profitability. Public miners are better positioned to raise funds, while private miners may struggle to secure financing, potentially leading to market exits.