In a comprehensive report by financial services company Cantor Fitzgerald, it has been predicted that the forthcoming bitcoin halving in April could potentially render nine out of the 11 largest publicly traded bitcoin miners unprofitable, particularly if the bitcoin price hovers around $40,000.
The report underscores the vulnerability of major players in the mining industry, shedding light on the potential impact of the halving event on their profit margins.
Cantor Fitzgerald Report: Analyzing All-In Cost Per Coin
The report delves into the “all-in” cost per coin immediately following the halving event in April 2024, assuming no immediate changes to operations or network hash. This…
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