Bitcoin Halving Is Coming and Only the Most Efficient Miners Will Survive

Bitcoin Halving Is Coming and Only the Most Efficient Miners Will Survive

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Currently, publicly listed miners mine at a cost of $10,000-$15,000 per bitcoin, said Wolfie Zhao, head of research at mining consultancy Blocksbridge. Once the halving happens, these costs will double, bringing miners’ breakeven point to $20,000-$30,000.

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