"The Impending Bitcoin Halving: What Miners and Investors Need to Know"

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Source: CoinDesk
"The Impending Bitcoin Halving: What Miners and Investors Need to Know"
Photo: CoinDesk
TL;DR Summary

The upcoming Bitcoin halving is not expected to cause a major decrease in the network's hashrate, with a modest dip of 5 to 10% anticipated, followed by a quick recovery. High-cost miners may need to upgrade their equipment to maintain profitability, while others are exploring innovative strategies to increase profits. Some miners are diversifying away from mining, and the industry is becoming more geographically decentralized. The halving's impact on Bitcoin's price is expected to be minimal due to the already low issuance rate, with demand being the main driver of price surge.

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