BTC Soared to an All-Time Excessive. So Why Aren’t Bitcoin Miners Blasting Off, Too?

BTC Soared to an All-Time Excessive. So Why Aren’t Bitcoin Miners Blasting Off, Too?

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Bitcoin soared after the final halving in Might 2020, and miners joined in. On the time, there weren’t many large-scale miners. This time round, although, the market is crowded with many large-scale miners, who will compete for bitcoin rewards that will probably be minimize to three.125 from 6.25 bitcoin. On high of that, the issue of mining a block has additionally risen to an all-time excessive, which is able to make issues even harder post-halving.

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